Crypto Price Predictions for December 5: LINK, FIL, NEAR, XTZ and AAVE

We are currently in the bear market for cryptocurrencies. Due to the structural change, the majority of the coins listed indicate a price in a bearish stance. It is therefore crucial for investors to diversify their portfolio into new and profitable altcoins like Dash 2 Trade. Thanks to our revolutionary Dash 2 Trade platform, it is now simple for all traders and investors to keep up with all the developments influencing cryptocurrencies. Because the site keeps you on top of the cryptocurrency market, you will not miss any important occurrences. The D2T presale dashboard will be available shortly because product development is ahead of schedule. Nearly $8.5 million has been generated in the continuing presale.

Since there hasn’t been any structural change, the AAVE coin has a high probability of moving in a bullish direction. Even though they are bearish, other coins are entering their respective pullback phases.

Chainlink (LINK/USD)

The break in the structure that occurred on November 9th has resulted in bearish market price action. Price is in the phase of the pullback when it is attempting to reach for the breaker. Our bias is supported by the Relative Strength Index, which shows that the price is in the overbought region.

Current Price: $7.35
Market capitalization: $3.73B
Trading Volume: $0.20B
7-day gain: +2.13%

File coin (FIL/USD)

In light of the structure’s break, the market has a bearish bias. Before the selloff picks up again, the market is making a retracement to the fair value gap (FVG), then to the breaker. Price is currently hovering around the overbought area, according to the Relative Strength Index, but the market is anticipated to move into one of these indicated regions before the bias continues.

Current Price: $4.47
Market capitalization: $1.48B
Trading Volume: $89.31M
7-day gain: +3.55%

Near protocol (NEAR/USD)

After clearing the low from January and breaking the structure, the market turned bearish. Price has begun to display strength after a prolonged sell-off that lasted throughout November. The market’s bullish tendencies are indicated by the price’s convergence with the moving average.

Current Price: $1.69
Market capitalization: $1.41B
Trading Volume: $55.65M
7-day gain: +4.93%

Tezos (XTZ/USD)

The market is biased downward, and market pessimism is waning. When the price moves above the Moving Average, it signals a pullback in price. The price recently exited the oversold region at $0.900, according to the Relative Strength Index.

Current Price: $1.01
Market capitalization: $924.60M
Trading Volume: $13.79M
7-day gain: 1.95%

Aave (AAVE/USD)

Regardless of the major bias it favours, AAVE maintains a neutral position. The structure has not broken down at the $45.50 level. However, the Moving Average suggests that prices are bullish with respect to the fair value gap (FVG).

Current Price: $63.39
Market capitalization: $894.95M
Trading Volume: $52.88
7-day gain: +3.35%

Impact Token (IMPT)

Investors in Impact Token (IMPT) will be able to obtain them starting December 12, 2022. To do so, users will link the wallets they used to acquire the tokens, and the token will be put into their wallets. After the presale, Uniswap, LBank, and Changelly Pro will also list IMPT for trade. It’s fantastic to be green, and this ecologically friendly endeavour has already raised over $14.5 million.

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