Cryptocurrencies Price Prediction: Zilliqa, Chainlink & Polkadot – American Wrap 12 January
|Zilliqa Price Prediction: ZIL to resume uptrend but first must regain $0.08 as support
In November 2020, Zilliqa saw a massive breakout from an inverse head and shoulders pattern on the weekly chart touching $0.036 and seeing a ton of continuation within the next month, to reach a high of $0.106 on December 21, 2020.
Chainlink Price Prediction: LINK needs to regain crucial resistance level to see $18 again
Chainlink hit a high of $17.39 on January 7 and saw a breakout on January 9 above this level climbing towards $18.43. Unfortunately, Bitcoin crashed hard and took the entire market with it. LINK plummeted down to $12.5 and bulls fight to regain control.
Polkadot price regains short-term uptrend and aims to hit $10 again
Polkadot was trading as high as $10 on January 10 before the entire cryptocurrency market collapsed. The digital asset touched $7.26 on January 11 and it’s currently trading at $8.39.
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.