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Cryptocurrencies Price Prediction: Algorand, Ethereum & Decentraland — Asian Wrap 13 Dec

Cryptocurrencies Price Prediction: Algorand, Ethereum & Decentraland — Asian Wrap 13 Dec
FXStreet TeamFXStreet TeamFXStreet

Algorand price in tug of war as indecision mounts, but 35% move imminent

Algorand price is locked within a consolidation pattern as ALGO fails to show signs of directional intentions. The altcoin confuses forecasts as the token registers lower highs and higher lows. A decisive break above or below the prevailing chart pattern could signal a 35% move.

Ethereum price looks to retest sub-$3900 after Saturday’s dead cat bounce

Ethereum, the no.2 most dominant cryptocurrency, is trading on a slippery slope this Sunday, reversing a part of Saturday’s impressive rebound from one-week lows of $3835. In doing so, ETH price is shedding about 1% on the day, trading around mid-$4000.

Decentraland Price Prediction: MANA ready to rally toward the round level of $5

Decentraland price has been consolidating after its massive run toward its all-time high at $5.89 on November 25. MANA appears to be ready to escape its recent downtrend as it nears a critical hurdle. Slicing above the crucial line of resistance could unleash 36% gains for the token.

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FXStreet Team

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.

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