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

FXStreet Team FXStreet

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.

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FXStreet Team

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Crypto Overview: Bitcoin stabilizes above $65,000, as Zcash and Worldcoin lead broader recovery

Bitcoin shows signs of recovery, trading above $65,000 on Monday, as the broader crypto market rebounds, fueled by improving sentiment following the United States (US) and Iran's confirmation of a preliminary peace agreement.

Crypto Today: Bitcoin, Ethereum, XRP recovery gathers strength as US-Iran reach peace agreement

Cryptocurrency prices remain broadly elevated on Monday, led by Bitcoin’s upswing toward $66,000. Altcoins, including Ethereum and Ripple, mirror Bitcoin’s momentum, trading above $1,700 and $1.18.

Bitcoin extends rebound as US and Iran reach framework deal to end the war

Bitcoin steadies above $65,700 at the time of writing on Monday, after recovering nearly 4% in the previous week. BTC recovery was boosted following Sunday’s news that the US and Iran have reached a preliminary peace deal, lifting the risk appetite.

Pi Network Price Forecast: Launchpad upgrades, fading bearish pressure lift recovery prospects

Pi Network (PI) began the week on a positive note, trading above $0.1340 on Monday after posting a mild recovery and closing above a key resistance in the previous week.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.