Floki Inu, Algorand & Cardano — Asian Wrap 15 Dec

Floki Inu price continues to trade in a direction it has traded since its inception: lower. However, some evidence developing may limit how much of a decrease FLOKI might experience. Floki Inu price has thus far spent December testing a support level in the $0.00012 value area.

 

Algorand price had been trading in a protracted range for roughly ten weeks until a false breakout during the week of November 19th occurred. Last week saw the broader cryptocurrency market collapse, with Algorand following suit. But the move now appears very much overdone.

 

A brief technical and on-chain analysis on Cardano price. Here, FXStreet’s analysts evaluate different patterns and indicators that suggest ADA found stable support. 

 

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