VeChain And UniSwap New Predictions Are Out
There are all kinds of optimistic predictions about the prices of cryptos these days. Check out the latest ones below, which are floating around UniSwap and VeChain. Justin Bennett is predicting new all-time highs as he...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
There are all kinds of optimistic predictions about the prices of cryptos these days. Check out the latest ones below, which are floating around UniSwap and VeChain.
Justin Bennett is predicting new all-time highs as he provides the outlook for some critical digital assets.
Bitcoin and Ethereum price predictionsIn a newsletter, the crypto analyst said that if Bitcoin (BTC) replicates the 2017 price action, it could hit $80,000 sometime in November.
“…if Bitcoin continues following its 2017 fractal, we should see prices reach $80,000 or more later this month.”
On the other hand, he said that if BTC loses support at $60,000, it could fall by between 3% and 9% from that key psychological level.
“…$60,000 is critical support; it has been for the last few weeks. Below that is $58,000 and $55,000.”
At the moment of writing this article, BTC is trading in the red, and the king coin is trading at $61,765.
Regarding Ethereum, Bennett says it could surge by up to 350% from current levels.
“If we assume the last few months is a massive cup and handle pattern, the measured objective is between $6,000 and $6,500. But as I’ve stated for a few weeks now, a cycle peak in January puts the price of ETH somewhere between $15,000 and $20,000, in my opinion.”
VeChain and UniSwap predictionsAbout VeChain, the analyst has the following words to say:
“…VET/USDT needs to get above the $0.15-$0.16 region to open up $0.19. Above that are the all-time highs near $0.28. My guess is that we’ll continue to see some sideways consolidation here before the next leg up. That’s especially true if Bitcoin follows the 2017 fractal this month.”
He also offers his opinion about UniSwap.
He said that UniSwap needs to convert the $27.60 resistance level into a support level before it can surge higher.
“…there’s also a horizontal level at $27.60 that UNI needs to clear on a daily closing basis to flip to support. Above $27.60 is $36 and $44.”
Stay tuned for more news.
The post VeChain And UniSwap New Predictions Are Out first appeared on CryptoGazette - Cryptocurrency News.Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptoGazetteRelated market context
Uniswap Labs launches aggregator hooks on Ethereum, Base and Robinhood Chain
Uniswap's aggregator hooks could centralize liquidity, reduce slippage, and shift DeFi dynamics by integrating external pools into...
A Midnight privacy-vault demo needs outside signers to release Ethereum tokens
SIG’s Ethereum example burns a shielded claim before payout, while restoring it after failure requires an attested outcome. Read t...
Uniswap’s aggregator hooks go live on Ethereum, Base and Robinhood Chain
Uniswap Labs has launched aggregator hooks, allowing Uniswap v4 to route trades through liquidity held on external platforms.
Ethereum Scraps Glamsterdam’s Hoodi Fork After ChainSecurity Flags Gas Risks
Ethereum developers have called off Glamsterdam’s activation on the Hoodi testnet, four days before the upgrade was due to go live...
Bitcoin Slides Towards $81,000 as Oil Above $110 Revives Rate-Hike Bets
Bitcoin Magazine Bitcoin Slides Towards $81,000 as Oil Above $110 Revives Rate-Hike Bets Bitcoin’s price on Thursday slid — erasin...
DeFi Giant Uniswap Taps 7 Rival Liquidity Sources to Burn UNI Tokens
The decentralized exchange (DEX) platform Uniswap has turned DEX competitors into potential revenue sources for its UNI token-burn...