Dogecoin, Uniswap & Bitcoin — Asian Wrap 19 January

Dogecoin price validates the bullish trade idea mentioned earlier in the month. Now, bulls late to the party might face a challenge in the coming days. Dogecoin price displayed favorable market signals during the first week of January, enabling day traders to partake in a 25% upswing toward the $0.09 zone.


Uniswap price has fallen by 12% after an early morning move to the upside was abruptly halted. Now, as day trading bears enter the market, investors with a long-term outlook are forced to evaluate their positions and risk moving forward.


Bitcoin wiped out all its losses from the FTX exchange crash in November, BTC recovered and hit a cycle high at $21,550, following the release of lower-than-expected CPI and then PPI inflation data, which hit the US Dollar.  Typically when Bitcoin price recovers from cycle lows the NFT ecosystem witnesses increased growth. 

This news is republished from another source. You can check the original article here