Ethereum, Decentraland & Shiba Inu — Asian Wrap 10 Dec
Ethereum price has faced considerable bearishness during Thursday’s trading session. The daily candlestick has been one that represents persistent, consistent, and constant selling pressure with nary a hint of any reprieve. Bearish Engulfing candlestick pattern developing on the daily chart
Decentraland price faces intense selling pressure as the cryptocurrency market reels from uncertainty. Sellers attempt to push Decentraland’s close to a twenty-day low. The weekly chart indicates lower prices are almost unavoidable. Decentraland price action has been the definition of what a whipsaw looks like.
Shiba Inu price has been mostly unchanged since Sunday. The bodies of the past four daily candlesticks have been stuck between $0.000036 and $0.000037. SHIBA is in its fifth straight day of lower trade volume. Volume begins to dry up, adding a likelihood that SHIBA pushes further south.