Cryptocurrencies Price Prediction: Avalanche, Polkadot & SafeMoon — Asian Wrap 19 May


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Avalanche price preps for a devastating decline as bears aim for pain at $12.50

Avalanche price could be setting up an explosive move to the downside aiming for targets most investors would call impossible. Avalanche price displays reasons to consider a significant macro sell-off underway. The AVAX price currently trades at $30, which is the settling price of the initial sell-off on May 9.

 

Polkadot price signals “weak hands holding” as bears aim for $4

Polkadot price looks weaker than most digital assets. Before opening a position, traders should consider giving the digital asset more time to consolidate or invalidate the downtrend. Invalidation of the bearish trend is a breach at $14.25.

 

Algorand price in bearish continuation to $0.30

Algorand price action has recovered a significant amount of last week’s losses, but the technical structure screams of a bearish continuation move. First, however, sellers need to show a clear rejection of higher prices – so far, this has not happened.

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