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Cryptocurrencies Price Prediction: Terra, Cardano & Avalanche — Asian Wrap 30 Dec

Cryptocurrencies Price Prediction: Terra, Cardano & Avalanche — Asian Wrap 30 Dec
FXStreet TeamFXStreet TeamFXStreet

Terra remains under strong selling pressure, LUNA to hit $75

LUNA price has been a significant leader in the cryptocurrency world. While the broader cryptocurrency market has been consolidating or treading water near significant lows, LUNA has been a surprising bright spot with its recent new all-time highs. However, it remains near overbought levels and could risk a deeper retracement.

Cardano presents buy opportunity before ADA hits $2 for a 40% upswing

Cardano price has suffered some intense selling pressure along with the rest of the market. However, the losses that Cardano has experienced have not been as extreme as many others. Cardano price has recently converted into a bull market on its $0.02/3-box reversal Point and Figure chart. 

Avalanche bears gather strength as price of the AVAX token plummets 4%

Avalanche bears take control of the fastest blockchain network as the token’s price plummets. Despite a spike in utility and on-chain activity, the token’s price has struggled to recover. In the recent DeFi boom, prices of several decentralized project tokens increased. 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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