Decentraland, Ripple & Cardano — Asian Wrap 07 Jan

Decentraland price is very close to confirming one of the most sought-after short-entry setups in the Ichimoku Kinko Hyo system: the Ideal Bearish Ichimoku Breakout. If confirmed, a prolonged downtrend is highly probable. Decentraland price could be positioning for a more extended downswing than initially anticipated. 


XRP price faces continued pressure to the downside despite finding some temporary support against the critical $0.75 value area. Directional bias is most definitely weighted to the downside. XRP price action returned to a support zone it previously tested back in December.


Cardano-based projects Veritree was chosen by Samsung for its latest environmental initiative. The electronics giant is keen on leveraging blockchain technology for transparency in tree planting. Veritree, a fully integrated platform powered by the Cardano network, aims to transform restoration through blockchain technology.


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