Cryptocurrencies Price Prediction: Uniswap, Celestia & Bitcoin — Asian Wrap 31 October
|Uniswap Price Forecast: Technical outlook suggests a bullish breakout ahead
Uniswap (UNI) is trading slightly below $8 on Thursday after rejecting a key resistance level on Wednesday. A successful close above this threshold could indicate a rally for the decentralized exchange, bolstered by technical indicators showing a bullish crossover pointing to potential upward momentum.
Celestia's TIA suffers nearly 10% loss following $900 million token unlock
Celestia (TIA) is down about 9% following increased negative sentiment surrounding its cliff unlock, which is worth about 176 million TIA tokens. The token could see a correction if it fails to bounce off the $4.506 level.
Crypto Today: Ethereum gains slightly, Bitcoin, XRP slip, traders keep eyes on BTC potential new all-time high
Bitcoin trades at $71,886 at the time of writing, down 1% on the day. The largest cryptocurrency flirted with the previous all-time high of $73,777, and climbed to a peak of $73,620 on Tuesday.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.