Cryptocurrencies Price Prediction: SafeMoon, Ripple & Decentraland — Asian Wrap 06 Dec
SafeMoon simultaneously hit with flash-crash and BitMart hack, new all-time lows reached
SafeMoon price action is, perhaps, the saddest and least safe story of any altcoin presently traded. Unfortunately, a combination of horrible circumstances has brought SafeMoon close to worthless valuations. SafeMoon was one of the glowing success stories of the last couple of months.
XRP explodes more than 44% from flash crash lows, move to $2 upcoming
XRP price action was sitting on the precipice of an impending flash-crash long before Saturday’s sell-off occurred. The price levels XRP hit for the lows were expected as well. A new uptrend for XRP is likely to start next week. XRP price is positioned for a massive rally post-flash-crash.
Decentraland to move below $3 despite MANA recovery from flash-crash
Decentraland price action, before the flash-crash, showed signs that it was slowing down and momentum was waning. However, because the flash-crash was due to NOS (Non-Organic Selling), the outlook for Decentraland has not changed.
Author
FXStreet Team
FXStreet
