Polkadot, Avalanche & Ripple — Asian Wrap 30 August

Polkadot price could witness a bullish retracement in the coming days targeting the mid $8 zone. Polkadot price continues to lose ground as the bears suppress prices during the final trading week of August. Since August 12, the Ethereum-based virtual reality token has fallen 30%. 

Avalanche price leaves clues that more decline is imminent. Key levels have been identified. Avalanche’s AVAX price has fallen 40% this month as the bears have flexed total control over the Ethereum-based gaming token. Amidst the 40% decline, the bears have managed to prompt additional cues suggesting more downslides will occur in the future.

Ripple’s unpredictable back-and-forth nature signals smart money wants full ownership of the big move to come. Ripple price continues to undergo erratic market behavior during the final days of August. The back-and-forth price action is indicative that a big move is coming.


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