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XRP Price Prediction For December 13

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Algorand (ALGO) has been experiencing significant volatility since reaching an intraday high of $0.613 last Tuesday. The price plummeted after reaching that level and had dropped to $0.45 by Thursday. Despite the prevailing selling pressure, ALGO recovered on Friday, rising almost 11% to $0.499. The price moved past $0.50 on Saturday, rising to $0.509 despite considerable selling pressure. Sellers re-established control on Sunday as ALGO fell below $0.50 after a drop of just over 2% and settled at $0.498. Bearish sentiment intensified on Monday as ALGO plummeted over 16%, falling to a low of $0.352 before settling at $0.417. The price dropped to an intraday low of $0.370 on Tuesday as sellers sought to retain control. However, ALGO recovered from this level to register an increase of 1.52% and settle at $0.423. ALGO continued to push higher on Wednesday and registered a rise of 7.04% to settle at $0.453. The current session sees ALGO up just over 3% and trading at $0.467 as buyers look to build momentum and retest the $0.50 level. $ALGO #BTCReclaims101K

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XRP, Tron and Cardano Face Sharp Declines as Bitcoin's Drop Triggers Record Bullish Liquidations

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Chainlink price triggered a strong rebound in the times when the other altcoins were facing massive upward pressure. Chainlink is considered one of the strongest undervalued altcoins, which has more room to swell. The recent pullback dragged the levels from the highs above $27 to below $20 but the quick intervention of bulls has elevated the price to $22.87. The trading volume has reached close to $3 billion with a rise of over 31%, marking the growing dominance of the bulls. Therefore, the LINK price is expected to revive a strong upswing to reach the resistance above $27 if the bulls manage to secure these levels before the end of the fortnight. Regardless of the recent pullback, the LINK price remains strong within the rising, expanding channel in the short term. The token rebounded after hitting the interim support at $20.56, indicating the bulls were vigilant. On the other hand, the OBV, the volume-based indicator, triggered a bullish divergence, suggesting the start of a bullish trend. Meanwhile, the MACD shows a drop in the selling pressure as the buying volume intensifies. Therefore, the Chainlink price is expected to rise to $24.92 in the next few hours and achieve $25 in a short while. #BURNGMT

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