Cryptocurrencies Price Prediction: Algorand, Polkadot & Polygon — Asian Wrap 27 Apr
|Algorand price is a Market Makers playground; here's how to avoid getting trapped
ALGO price is undergoing a very tricky scenario in terms of price direction. The best approach for traders is to wait until an ideal opportunity to present itself. Algorand price could continue falling to the $0.63 level, but traders should not expect a clear path to the target.
Polkadot price signals a severe sell-off into $14.50
Polkadot price is showing significant sell signals. Traders should avoid trying to catch the lows for now. Polkadot price has made a new April low as the digital asset is currently trading at $16.90. The bearish outlook on Polkadot price has always been maintained since the bulls failed to find support on a triangle trend line earlier this month.
MATIC price reroutes south as bears lock in on $1.15
MATIC price is experiencing a strong selloff this Tuesday. There may have been early signs forecasting the move. MATIC price is declining this Tuesday as the bears flex their power on the 4-hour Chart. At the current time, the MATIC price trades at $1.27.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.