Cryptocurrencies Price Prediction: Cardano, Chiliz & Algorand — Asian Wrap 22 November

FXStreet Team FXStreet

Analyzing the kind of investors involved in the current Cardano price sell-off

Cardano price is enduring a strong downswing that is aiming to wipe out long-term investors' profits and liquidity. If market conditions persist, the smart contract token will continue to decline in the days to come. Key levels have been defined to gauge ADA's potential landing zones. Cardano price continues to pile on negative returns during November.

Chiliz price crashes by 24% in a day as FIFA fan tokens lose appeal after World Cup kick-off

Chiliz price has been noting a lot of fluctuation over the last couple of days in anticipation of the FIFA World Cup Qatar 2022. CHZ closing a daily candlestick below $0.165 would invalidate the bullish thesis, leaving the price to tag $0.150.

Algorand Price Prediction: Bears aim for prices last seen in 2020

Algorand (ALGO) price is witnessing a severe decline on November 21. ALGO could print new two-year lows if market conditions persist. Key levels have been defined to gauge ALGO next potential move. Algorand price has declined by 47% since the start of November. During the downswings, the bulls have struggled to retaliate for more than a day or so before the bears initiate another attack.

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