Cryptocurrencies Price Prediction: Polkadot, Avalanche & Ripple — Asian Wrap 30 August

Why Polkadot price could re-route north towards $8.60

Polkadot price could witness a bullish retracement in the coming days targeting the mid $8 zone. Polkadot price continues to lose ground as the bears suppress prices during the final trading week of August. Since August 12, the Ethereum-based virtual reality token has fallen 30%. 

Avalanche price needs to return to the mid $20 level, or more pain will ensue soon

Avalanche price leaves clues that more decline is imminent. Key levels have been identified. Avalanche’s AVAX price has fallen 40% this month as the bears have flexed total control over the Ethereum-based gaming token. Amidst the 40% decline, the bears have managed to prompt additional cues suggesting more downslides will occur in the future.

This indicator suggests the XRP price will get extremely volatile in September

Ripple’s unpredictable back-and-forth nature signals smart money wants full ownership of the big move to come. Ripple price continues to undergo erratic market behavior during the final days of August. The back-and-forth price action is indicative that a big move is coming.