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23.12 - 15:49
XRP, Tezos, Decentraland Price Analysis: 05 December
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After an early December recovery window, the bears halted the bullish momentum and altered the trend in their favor. As a result, XRP and Tezos continue to flash slackening signs as they hit their monthly lows on 3 December.
MANA finally ended its upswing after an up-channel breakdown over the last week.
TradingView, XRP/USDT
After striking its two-month high on 10 November, XRP resonated with the market dominaters by steadily declining since then. Post an up-channel breakdown, XRP price action marked a falling broadening wedge. Since then, the bulls retested the upper trendline multiple times but failed to propel an upswing.
As the price fell below the golden 61.8% Fibonacci level, a further breakdown occurred below the 16-week long
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