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Cryptocurrencies Price Prediction: Polkadot, Avalanche & ApeCoin — Asian Wrap 14 Apr

Cryptocurrencies Price Prediction: Polkadot, Avalanche & ApeCoin — Asian Wrap 14 Apr
FXStreet TeamFXStreet TeamFXStreet

Polkadot price likely to fall into $16

Polkadot price displays bearish strength as the price has fallen below a key trend line. The $18 DOT price retests the broken line and could see strong resistance. DOT price candlesticks are in a steep decline. Invalidation for the bearish scenario will be a close above $19.45.

Avalanche price could reach new all-time highs as bulls find support on the weekly trend line

Avalanche price could be a profitable cryptocurrency for risk-taking traders. Traders should watch AVAX price closely to partake in a market bottom in the coming days. Avalanche price has been on analysts’ radar lately as the digital asset is retesting a breached weekly trend channel.

ApeCoin price is in a dangerous uptrend scenario, here’s why

ApeCoin price is treading treacherous waters as the price has rallied 20% this week. Overzealous traders should be aware of the macro outlook on APE price. ApeCoin price has delivered more confluence of a symmetrical triangle formation following this week’s 20% rally from the $0.10 lows.

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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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