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Cryptocurrencies Price Prediction: Bitcoin, Decentraland and Chainlink – European Wrap 6 December

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets set to recover after recent flash crash

Bitcoin price is currently consolidating after a minor recovery from the brutal sell-off on December 4. The recent uptick in buying pressure has pushed BTC higher, and altcoins have followed suit. Going forward, investors can expect Ethereum, Ripple and others to continue heading higher.

BTC/USD 4-hour chart

Decentraland's MANA token primed for another downswing before 20% rebound

Decentraland price might provide a ‘buy’ opportunity before the buyers make a comeback and trigger a minor upswing. Investors need to pay close attention to one vital support level where the reversal is likely to occur.

MANA/USDT 4-hour chart

LINK price at make-or-break point as Chainlink aims to secure $2.27 trillion crypto economy

Staking could play a small role in Chainlink’s valuation in the long-term. Analysts are bullish on the decentralized oracles token as the network’s rising utility and partnerships could have a higher impact on prices. 

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Bittensor extends recovery despite retail demand slump

Bittensor, a leading Artificial Intelligence token, is aging up above $190 at the time of writing on Wednesday. Steady price increases characterise the broader crypto market, with Bitcoin holding above $71,000 and Ethereum above $2,000.

XRP rises as ETF inflows persist, but low retail demand may limit recovery

Ripple is gaining upside momentum, trading above $1.40 at the time of writing on Wednesday. The remittance token is rising in tandem with major crypto assets, including Bitcoin, which has crossed above the pivotal $70,000 level, and Ethereum, which is holding above $2,000.

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