Cryptocurrencies Price Prediction: Decentraland, Ripple & Cardano — Asian Wrap 07 Jan

Decentraland experiences wild price swings but MANA may continue slide to $2

Decentraland price is very close to confirming one of the most sought-after short-entry setups in the Ichimoku Kinko Hyo system: the Ideal Bearish Ichimoku Breakout. If confirmed, a prolonged downtrend is highly probable. Decentraland price could be positioning for a more extended downswing than initially anticipated. 

 

XRP holds on to $0.75 but failure to hold support could trigger a deeper drop

XRP price faces continued pressure to the downside despite finding some temporary support against the critical $0.75 value area. Directional bias is most definitely weighted to the downside. XRP price action returned to a support zone it previously tested back in December.

 

Samsung partners with Cardano based project Veritree for its new initiative

Cardano-based projects Veritree was chosen by Samsung for its latest environmental initiative. The electronics giant is keen on leveraging blockchain technology for transparency in tree planting. Veritree, a fully integrated platform powered by the Cardano network, aims to transform restoration through blockchain technology.

 

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.