Cryptocurrencies Price Prediction: Ripple, Chainlink & Zilliqa – American Wrap 1 December


Ripple price seems poised for a pullback before XRP resumes its uptrend

Like the rest of the market, Ripple price quickly dipped from $0.681 to $0.56 in a matter of minutes before quickly recovering in the next hour, currently trading at $0.638. It seems that XRP might still be poised for a pullback in the short-term, according to a strong indicator.

Chainlink Price Prediction: LINK sits on top of a critical support level that may allow it to rebound to $17

Chainlink is the 7th largest cryptocurrency by market capitalization at $5.4 billion, aiming to surpass Bitcoin Cash and Litecoin, which both have less than $6 billion. LINK bulls and bears wait for a clear breakout or breakdown from an ascending parallel channel formed on the 4-hour chart.

Zilliqa Price Prediction: ZIL breaks out of multi-year bullish pattern suggesting a 1,000% upswing

Zilliqa has been trading fairly sideways for the past six months and seems to be finally breaking out of a significantly bullish trading pattern. Several metrics indicate ZIL is on the verge of a massive price move.

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Cardano had a significant rally towards $0.355 at the beginning of 2021. After a notable dip to $0.228, bulls bought it and managed to push Cardano price to $0.33 again before a small rejection.

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Ethereum price aims to flush out doubters before the ultimate breakout to $2,000

Ethereum bulls bought the dip on January 11, pushing the digital asset from a low of $915 towards $1,256. The smart-contracts giant has been outperforming Bitcoin in the past 24 hours despite the negativity seen on social media.

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XLM Price Prediction: Stellar consolidates ahead of a 30% move

XLM price trades at $0.291 at the time of writing after a healthy consolidation after hitting a 2021-top at $0.411. There is a high chance that XLM is about to see a massive breakout or breakdown within the next 24 hours.

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Bitcoin Weekly Forecast: BTC price faces extreme volatility ahead of a new all-time high

Bitcoin had a wild run this week, dropping from a high of $41,350 to a low of 30,420 in less than 48 hours. The panic sell-off was stopped on its tracks at the 26-EMA on the daily chart as bulls quickly bought the dip and created a V-Shape recovery pushing BTC towards $40,100 again. 

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Bitcoin Weekly Forecast: BTC price faces extreme volatility ahead of a new all-time high

Bitcoin had a wild run this week, dropping from a high of $41,350 to a low of 30,420 in less than 48 hours. 

Read the weekly forecast

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