{"id":133801,"date":"2020-12-30T23:00:22","date_gmt":"2020-12-30T17:30:22","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=133801"},"modified":"2024-01-30T03:12:46","modified_gmt":"2024-01-29T21:42:46","slug":"xrp-decred-polkadot-price-analysis-30-december","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/xrp-decred-polkadot-price-analysis-30-december\/","title":{"rendered":"XRP, Decred, Polkadot Price Analysis: 30 December"},"content":{"rendered":"<p>XRP traders circled important dates of delisting and court battles on their calendar, while on the charts XRP was set to slide further south. Polkadot broke out past the $6 level on extraordinary trading volume and reached a high of $7.7 and was likely to retrace some of the gains made. Decred had a bullish outlook to it on the charts for the coming days, but the next few hours could see a dip as low as $34.<\/p>\n<h4>XRP<\/h4>\n<figure id=\"attachment_133808\" aria-describedby=\"caption-attachment-133808\" style=\"width: 1938px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-XRPUSD-1.png\"><img decoding=\"async\" class=\"size-full wp-image-133808\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-XRPUSD-1.png\" alt=\"XRP, Decred, Polkadot Price Analysis: 30 December\" width=\"1938\" height=\"1063\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-XRPUSD-1.png 1938w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-XRPUSD-1-300x165.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-XRPUSD-1-1024x562.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-XRPUSD-1-768x421.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-XRPUSD-1-1536x843.png 1536w\" sizes=\"(max-width: 1938px) 100vw, 1938px\" \/><\/a><figcaption id=\"caption-attachment-133808\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/XRPUSD\/?exchange=BITFINEX\">XRP\/USD<\/a> on TradingView<\/figcaption><\/figure>\n<p>An oversold bullish divergence materialized to cause a dead cat bounce measuring nearly 24% for XRP, from the $0.18 level to close that trading session at $0.22.<\/p>\n<p>The price has declined since and was trading at $0.2 at press time.<\/p>\n<p>XRP was announced to be delisted on US exchanges in the near future due to the SEC&#8217;s lawsuit. However, Ripple&#8217;s partner and Japanese financial giant SBI Holdings asserted that, under Japanese law, <a href=\"http:\/\/ambcrypto.com\/under-japanese-law-xrp-is-a-cryptocurrency-asset-sbi-holdings\/\">XRP is a cryptocurrency asset<\/a>.<\/p>\n<p>The first court date was set for the SEC&#8217;s case against Ripple in the New York Southern District Court on the 22nd of February.<\/p>\n<h4>Polkadot [DOT]<\/h4>\n<figure id=\"attachment_133806\" aria-describedby=\"caption-attachment-133806\" style=\"width: 1937px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DOTUSDT.png\"><img decoding=\"async\" class=\"size-full wp-image-133806\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DOTUSDT.png\" alt=\"XRP, Decred, Polkadot Price Analysis: 30 December\" width=\"1937\" height=\"1063\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DOTUSDT.png 1937w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DOTUSDT-300x165.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DOTUSDT-1024x562.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DOTUSDT-768x421.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DOTUSDT-1536x843.png 1536w\" sizes=\"(max-width: 1937px) 100vw, 1937px\" \/><\/a><figcaption id=\"caption-attachment-133806\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/DOTUSDT\/?exchange=BINANCE\">DOT\/USDT<\/a> on TradingView<\/figcaption><\/figure>\n<p>Polkadot&#8217;s move from $4.58 to $7.7 began on the 23rd of December when Binance announced a $10 million fund to support projects built on Polkadot.<\/p>\n<p>Using the Fibonacci Retracement tool for this move, some important levels of support were identified. The price appeared to have reversed after posting a hanging man candlestick pattern, that was not yet confirmed at the time of writing.<\/p>\n<p>If confirmed, the price can be expected to retrace to 23.6% and the 38.2% retracement levels based on market sentiment over the following days.<\/p>\n<p>The OBV confirmed that the recent rise was on strong buying volume and hence legitimate.<\/p>\n<h4>Decred [DCR]<\/h4>\n<figure id=\"attachment_133805\" aria-describedby=\"caption-attachment-133805\" style=\"width: 1937px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DCRUSDT-1.png\"><img decoding=\"async\" class=\"size-full wp-image-133805\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DCRUSDT-1.png\" alt=\"XRP, Decred, Polkadot Price Analysis: 30 December\" width=\"1937\" height=\"1063\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DCRUSDT-1.png 1937w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DCRUSDT-1-300x165.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DCRUSDT-1-1024x562.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DCRUSDT-1-768x421.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2020\/12\/PA-3-DCRUSDT-1-1536x843.png 1536w\" sizes=\"(max-width: 1937px) 100vw, 1937px\" \/><\/a><figcaption id=\"caption-attachment-133805\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/www.tradingview.com\/symbols\/DCRUSDT\/?exchange=BINANCE\">DCR\/USDT<\/a> on TradingView<\/figcaption><\/figure>\n<p>The short-term moving averages showed that DCR was in a strong uptrend. The 50 SMA (yellow) had confluence with the $36.6 horizontal support. DCR could find buyers on this level and halt its dip.<\/p>\n<p>The MACD formed a bearish crossover but this can be regarded as a weak buying signal. A session close below the $36.6 level can see DCR dip to the $34 region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP traders circled important dates of delisting and court battles on their calendar, while on the charts XRP was set to slide further south. Polkadot broke out past the $6 level on extraordinary trading volume and reached a high of $7.7 and was likely to retrace some of the gains made. Decred had a bullish<a href=\"https:\/\/ambcrypto.com\/xrp-decred-polkadot-price-analysis-30-december\/\">Continue reading <span class=\"sr-only\">&#8220;XRP, Decred, Polkadot Price Analysis: 30 December&#8221;<\/span><\/a><\/p>\n","protected":false},"author":31,"featured_media":133807,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,44,18,3,55,4,20],"tags":[],"class_list":["post-133801","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-global-news","category-hide-cryptopanic","category-news","category-xrp-ripple-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>XRP, Decred, Polkadot Price Analysis: 30 December - AMBCrypto<\/title>\n<meta name=\"description\" content=\"XRP traders circled important dates of delisting and court battles on their calendar, while on the charts XRP was set to slide south.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"http:\/\/ambcrypto.com\/xrp-decred-polkadot-price-analysis-30-december\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"XRP, Decred, Polkadot Price Analysis: 30 December - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"XRP traders circled important dates of delisting and court battles on their calendar, while on the charts XRP was set to slide further south. 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