The crypto market held steady today, with Bitcoin price rising above the crucial resistance level of $86,000. The market capitalization of all cryptocurrencies rose 1.57% in the last 24 hours to over $2.93 trillion. This article looks at the forecast for some of the top coins, including Doppler Finance (XDP), Uniswap (UNI), and Pepe Coin (PEPE).
Uniswap price prediction
UNI token price has jumped sharply in the past few weeks. It has soared from a low of $2.31 in June to a high of $10.90 last month. This rebound coincided with the ongoing crypto market rally that has pushed Bitcoin and other altcoins to the highest level in months.
The rising crypto market rally has led to a surge in volume in its platform. DeFi Llama data shows that its volume jumped to over $93 billion, its highest level since October last year. It has been in a slow upward trend after dropping at $39 billion in May this year.
UNI token has done well in the past few months, and recently, it crossed the important resistance level of $7.47, its highest level on September 6. Moving above that level helped to invalidate the double-top pattern.
The coin has also formed a cup-and-handle pattern, a common continuation sign in technical analysis. This pattern is made up of a horizontal channel and a rounded bottom pattern. It is now forming the handle section.
UNI price has formed a golden cross pattern. Therefore, the path of the least resistance for the token is bullish, with the next key target to watch being at $15. This rally will be confirmed if it jumps above the key resistance at $10.26.
UNI price chart | Source: TradingView
Pepe Coin price prediction
Pepe Coin price has also done well in the past few months. It has jumped from a low of $0.0000022 on July 1 to the current $0.000004575. The coin initially formed a bullish pennant pattern, which is made up of a vertical line and a symmetrical triangle pattern.
This triangle also resembled a falling wedge pattern, a common bullish reversal pattern in technical analysis. The coin jumped above the upper side of the flag at $0.000004564.
Most notably, the token has formed a golden cross pattern as the 50-day and 200-day moving average crossed each other. This cross happened on September 28 this year.
Therefore, the token will likely continue rising in the near term. If this happens, the next key target to watch will be at $0.000005353. A move above that level will point to more gains, potentially to $0.0000060.
Pepe chart | Source: TradingView
Doppler Finance price forecast
XDP price has moved sideways in the past few days after its token listing. It was trading at $0.019 on Friday, down by 43% from its highest point in September this year. The weakness has coincided with the ongoing volume jump, which has moved to over $411 million.
XDP price chart | Source: TradingView
Doppler Finance token has moved sideways and is coinciding with the 25-period Exponential Moving Average (EMA). The Average Directional Index (ADX) has continued falling. Therefore, the token will likely remain in this range, and then rebound towards $0.025.
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