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Bitcoin and Gold Outlook: Bitcoin broadly consolidates, Gold falls as US JOLTS Job Openings rise
Bitcoin (BTC) maintains sideways trading around the immediate $78,000 support on Tuesday. The Crypto King outlook shows signs of cooling after the recent rally above $81,000. However, its downside remains protected, with major moving averages providing support and steady capital inflows absorbing some selling pressure.
XRP under pressure as ETF inflows offset derivatives weakness
Ripple (XRP) retains a neutral-to-bullish outlook, trading at $1.37 on Tuesday. The remittance token upside has remained broadly constrained since the rally to $1.70 on August 17. The $1.35 level, anchored by a key moving average, continues to act as critical support, offering a potential foothold for XRP as the market eyes a possible rebound.
Uniswap Price Forecast: UNI rally gains momentum amid growing retail demand, RWA DEX volume
Uniswap (UNI) maintains a firm bullish outlook, trading at $5.84, up more than 10% on Tuesday. The decentralized exchange (DEX) native token has marked four straight days of gains, underpinning a robust technical structure. A breakout above $6.00 could help affirm bullish control, while consolidation below that level may encourage profit-taking and raise the odds of a correction.
Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.
Source: www.fxstreet.com
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