Cryptocurrencies Price Prediction: Ripple, Chainlink & Stellar – American Wrap 21 December

FXStreet Team FXStreet

Ripple Price Prediction: XRP to retest $0.44 before the uptrend resumes

Ripple had a significant pullback after the SPARK airdrop ended on December 12, but managed to recover promptly. Now that the rest of the cryptocurrency market seems to be in consolidation mode, XRP bears are targeting $0.44.

Chainlink Price Forecast: LINK ready for 50% breakout if critical support holds

Despite the recent sell-off from $13.27 to $12.15, LINK bulls remain in control of the daily uptrend. Chainlink price established a higher high at $14.56 and a higher low at $12.31 compared to previous levels. Now, the decentralized oracles token needs to move above the 50-day SMA at $13 to advance further.

Stellar Price Analysis: XLM faces uphill battle as selling pressure mounts

Stellar is contained inside a symmetrical triangle pattern on the 12-hour chart. The digital asset has just defended the lower trendline support level at $0.165 and aims to rebound higher. The bulls need to reconquer the 50-SMA level as support.

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FXStreet Team

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