Cryptocurrencies Price Prediction: Polygon, SafeMoon & Decentraland — Asian Wrap 14 Dec
MATIC price forms rising wedge, threatening steep correction to $1
MATIC price hinted that a significant rejection of the rising wedge might be developing. As a result, MATIC was handily outperforming the broader market but could not maintain those gains and instead returned inside the rising wedge. Final support zone ahead to dictate the direction of the next trend.
SafeMoon price to print new all-time low as it struggles to stay afloat
SafeMoon price action remains one of the biggest disappointments of 2021. The chart, despite the fundamentals, appears more like a pump-and-dump scheme as opposed to a project worth an investment in. If price action is evidence of investor sentiment, SafeMoon represents a near-zero positive outlook.
Decentraland continues downtrend as MANA faces a 30% drop
Decentraland price has struggled over the past two weeks to generate any momentum above the daily Tenkan-Sen. Little response by buyers has allowed the bears to continue with persistent selling pressure. Decentraland price action, like many cryptocurrencies, is up against one of its last support structures before facing a steep drop.
Author
FXStreet Team
FXStreet
