Cryptocurrency Value Prediction: Decentraland, Polkadot & Chainlink – Asian Wrap December twenty second – FXStreet

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The Decentraland price should rise by 23% if MANA can overcome this hurdle

The Decentraland price has been consolidating in an increasingly narrowing range for more than two weeks. Buyers are seemingly crawling out of the wood, however, suggesting an appetite for a boost in the market value of MANA.

Decentraland-Preis positions itself for more profits

Decentraland price has made three lower lows and four lower highs since December 6th, indicating a steady downtrend. However, after the December 15 swing low at $ 2.93, the tide is turning for MANA starting at higher lows, indicating a slow move towards bulls.

Polkadot Price Eyes retested for $ 30 after DOT cleared a three-week hurdle

Polkadot price is trading above key reversal zones on a higher timeframe, indicating decreasing downward pressure. However, on a lower timeframe, DOT recently broke a critical resistance barrier, which revealed its intention to move up.

The Polkadot Price is aiming for a higher high

Polkadot price has been trading below a bear trend line since November 30th. Several attempts to break this trendline failed until December 20th, when DOT produced a four hour candlestick close above it.

DOT / USDT 4 hour chart

Chainlink price is developing an exceptionally bullish pattern on its point-and-figure chart of $ 0.50 / 3-box reversal. As a result, reaching the entry level of this hypothetical trading setup could result in a significant spike towards the $ 28 value area.

Chainlink price is ready to ricochet and move higher, short sellers likely trapped and feeling the pressure

Chainlink price has made a series of ascending higher lows on its point-and-figure chart while developing a triple top. Additionally, an ascending triangle pattern has formed which increases the likelihood of a bullish breakout in the near future.


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