Crypto.com, Polkadot & Ripple — Asian Wrap 28 Jan [Video]

Crypto.com price continues to face challenges above the $0.40 price level. Strong selling against the Tenkan-Sen at $0.40 tests buyers’ conviction – failure to break above the Tenkan-Sen signals continued weakness. Bearish continuation between the price chart and oscillators warns of a return lower.

 

Polkadot price is holding, so far, the $20 value area as its primary support zone. The recent downtrend and sell-off in the cryptocurrency market has positioned DOT in a strong support zone and one that will likely create the bottom it needs to pursue its next uptrend.

 

Payments giant Ripple is on track to go public as it buys back $200 million worth of its series C shares from a lead investor. Analysts are bullish on Ripple’s recovery and predict a rally to $2.31. Payments giant Ripple moved to solidify its financial position buying back $200 million worth of Series C shares.