{"id":205080,"date":"2021-12-05T23:00:57","date_gmt":"2021-12-05T17:30:57","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=205080"},"modified":"2024-01-30T02:37:44","modified_gmt":"2024-01-29T21:07:44","slug":"xrp-tezos-decentraland-price-analysis-05-december","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/xrp-tezos-decentraland-price-analysis-05-december\/","title":{"rendered":"XRP, Tezos, Decentraland Price Analysis: 05 December"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\">After an early December recovery window, the bears halted the bullish momentum and altered the trend in their favor. As a result, XRP and Tezos continue to flash slackening signs as they hit their monthly lows on 3 December.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">MANA finally ended its upswing after an up-channel breakdown over the last week.<\/span><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">XRP<\/span><\/strong><\/h4>\n<figure id=\"attachment_205081\" aria-describedby=\"caption-attachment-205081\" style=\"width: 2985px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XRPUSDT_2021-12-05_17-47-00.png\"><img decoding=\"async\" class=\"wp-image-205081 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XRPUSDT_2021-12-05_17-47-00.png\" alt=\"\" width=\"2985\" height=\"1309\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XRPUSDT_2021-12-05_17-47-00.png 2985w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XRPUSDT_2021-12-05_17-47-00-300x132.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XRPUSDT_2021-12-05_17-47-00-1024x449.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XRPUSDT_2021-12-05_17-47-00-768x337.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XRPUSDT_2021-12-05_17-47-00-1536x674.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XRPUSDT_2021-12-05_17-47-00-2048x898.png 2048w\" sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><figcaption id=\"caption-attachment-205081\" class=\"wp-caption-text\">TradingView, XRP\/USDT<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">After striking its two-month high on 10 November, XRP resonated with the market dominaters by steadily declining since then. Post an up-channel breakdown, XRP price action marked a falling broadening wedge. <\/span><span data-preserver-spaces=\"true\">Since then, the bulls retested the upper trendline multiple times but failed to propel an upswing.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As the price fell below the golden 61.8% <strong>Fibonacci<\/strong> level, a further breakdown occurred below the 16-week long resistance and the 38.2% Fibonacci level at the $0.88-mark.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">XRP lost more than half of its value since 10 November. Accordingly, it touched its four-month low on 3 December. <\/span><span data-preserver-spaces=\"true\">Since the bulls ensured the $0.6-support, the alt saw traded at $0.8254 after noting a 6.9% 24-hour gain.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The\u00a0<\/span><strong><span data-preserver-spaces=\"true\">RSI\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">practically struggled to reach the 40-mark over the past day. It stood near the oversold region. Also,<\/span><span data-preserver-spaces=\"true\">\u00a0the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">DMI<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0hinted at a continuing bearish influence in the near term.\u00a0<\/span><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">Tezos (XTZ)<\/span><\/strong><\/h4>\n<figure id=\"attachment_205083\" aria-describedby=\"caption-attachment-205083\" style=\"width: 2985px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XTZUSDT_2021-12-05_19-04-07.png\"><img decoding=\"async\" class=\"wp-image-205083 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XTZUSDT_2021-12-05_19-04-07.png\" alt=\"\" width=\"2985\" height=\"1309\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XTZUSDT_2021-12-05_19-04-07.png 2985w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XTZUSDT_2021-12-05_19-04-07-300x132.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XTZUSDT_2021-12-05_19-04-07-1024x449.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XTZUSDT_2021-12-05_19-04-07-768x337.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XTZUSDT_2021-12-05_19-04-07-1536x674.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/XTZUSDT_2021-12-05_19-04-07-2048x898.png 2048w\" sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><figcaption id=\"caption-attachment-205083\" class=\"wp-caption-text\">TradingView, XTZ\/USDT<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">XTZ was on a constant downfall after striking its ATH on 4 October. The price diligently withdrew as it moved along the descending channel. <\/span><span data-preserver-spaces=\"true\">Then, even after an over 30% down-channel breakout on 29 November, the bulls failed to sustain their edge as the price could not breach the three-week resistance at the $5.92-mark.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The bulls needed to sustain the three-month resistance at the $4.4-mark. But they failed to uphold that level causing a further breakdown toward its 15-week low at $3.226.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">At press time, XTZ traded at $4.032. The <\/span><strong><span data-preserver-spaces=\"true\">RSI<\/span><\/strong><span data-preserver-spaces=\"true\"> stood extremely weak in the oversold region. Unless the bulls can gather momentum with high trading volumes, the bears have ensured a strong immediate resistance at $4.4.\u00a0<\/span><span data-preserver-spaces=\"true\">Also, the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">DMI\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">undeniably preferred the bears with a high directional trend. The\u00a0<\/span><strong><span data-preserver-spaces=\"true\">MACD\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">confirmed the bearish trend as both the lines were below the equilibrium.<\/span><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">Decentraland (MANA)<\/span><\/strong><\/h4>\n<figure id=\"attachment_205084\" aria-describedby=\"caption-attachment-205084\" style=\"width: 2985px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/MANAUSDT_2021-12-05_19-24-43.png\"><img decoding=\"async\" class=\"wp-image-205084 size-full\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/MANAUSDT_2021-12-05_19-24-43.png\" alt=\"\" width=\"2985\" height=\"1309\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/MANAUSDT_2021-12-05_19-24-43.png 2985w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/MANAUSDT_2021-12-05_19-24-43-300x132.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/MANAUSDT_2021-12-05_19-24-43-1024x449.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/MANAUSDT_2021-12-05_19-24-43-768x337.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/MANAUSDT_2021-12-05_19-24-43-1536x674.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2021\/12\/MANAUSDT_2021-12-05_19-24-43-2048x898.png 2048w\" sizes=\"(max-width: 2985px) 100vw, 2985px\" \/><\/a><figcaption id=\"caption-attachment-205084\" class=\"wp-caption-text\">TradingView, MANA\/USDT<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">During the spring phase for the metaverse tokens, MANA propelled to its ATH on 25 November. After a descending wedge breakout, the price action transposed into an ascending channel. \u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, since then, the bears retested the $4.9-mark resistance thrice before a significant slump. This decline led to an up-channel breakdown for the first time in 23 days. The downturn finally correlated with the market trend, unlike its previous rallies. However, at press time, the alt traded at $3.82 after noting a 13.9% 24-hour gain.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">After dipping into the oversold territory, the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">RSI<\/span><\/strong><span data-preserver-spaces=\"true\"> showed some revival signs. However, it could not cross the half-line. Further, the <\/span><strong><span data-preserver-spaces=\"true\">DMI<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0resonated with the RSI by displaying a bearish bias. But the\u00a0<\/span><strong><span data-preserver-spaces=\"true\">AO\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">projected a near-term bullish comeback.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After an early December recovery window, the bears halted the bullish momentum and altered the trend in their favor. As a result, XRP and Tezos continue to flash slackening signs as they hit their monthly lows on 3 December. MANA finally ended its upswing after an up-channel breakdown over the last week. XRP After striking<a href=\"https:\/\/ambcrypto.com\/xrp-tezos-decentraland-price-analysis-05-december\/\">Continue reading <span class=\"sr-only\">&#8220;XRP, Tezos, Decentraland Price Analysis: 05 December&#8221;<\/span><\/a><\/p>\n","protected":false},"author":55,"featured_media":205085,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,41,18,66,3,55,4,20],"tags":[1320],"class_list":["post-205080","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-analysis","category-hide-cryptopanic","category-new-news","category-news","category-xrp-ripple-news","category-social","category-trading-view","tag-mana"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>XRP, Tezos, Decentraland Price Analysis: 05 December - AMBCrypto<\/title>\n<meta name=\"description\" content=\"After an early December recovery window, the bears halted the bullish momentum and altered the trend in their favor. 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