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3 Most Wanted Price Predictions: What Will Happen To BTC, XRP, and ETH?

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Price Predictions
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For over five days now, the crypto market has been experiencing massive losses, with prices of numerous coins reaching entirely new lows. Bitcoin itself is currently the lowest it has been in more than 13 months. With such a drastic change in prices, investors around the world are wondering what to expect, and whether the time of the top cryptos has finally come to an end.

In order to help them out, we have collected three most wanted price predictions, that claim to know what will happen to Bitcoin, XRP, and Ethereum in following days.

Bitcoin (BTC) price prediction

Bitcoin started dropping prior to BCH upgrade that resulted in a hard fork, and while BTC did see a brief period of stability over the weekend, the drop continued once more on Monday, November 19th. The price of the number one crypto is as low as it was in October 2017, currently being at $4,700, and continuing to drop.

While this is certainly not a positive development, experts claim that this situation is only the second phase of the sell-off that started last week. According to them, the market is currently much more mature than it was last year. Experts also predicted several downward milestones that BTC is expected to hit. It already reached the first one at around $4,929. The second one is at $4,450, and BTC seems to be approaching it rapidly. Eventually, analysts claim that Bitcoin will likely find a bottom at $3,676.

XRP price prediction

When it comes to XRP, formerly known as Ripple, the situation is much better. The coin has exceeded Ethereum during the first hours of the market crash, and it remained the second largest crypto ever since. Apart from that, while it still trades in the red, it is currently experiencing only slight drops, At the time of writing, its price is at $0.4863, with only around 0.51% drop in the last 24 hours. Bitcoin, on the other hand, is losing over 14%.

Generally speaking, not much has changed for XRP, and most of the changes, such as its movement on the list of largest coins, was positive. Furthermore, XRP received a significant money flow over the weekend, which is likely the reason for its superior performance.

Another thing to point out is that XRP technical structure is different than that of BTC or ETH. It is much more robust and likely bullish in nature. XRP’s current value is closely surrounded by three support price levels at $$0.478, $0.471, and $0.444, as well as by two remaining resistance levels at $0.505 and $0.55. For now, XRP remains just above its neutral level, with a possibility of dropping, rather than rising in the next several days.

Ethereum (ETH) price prediction

Ethereum is experiencing losses equivalent to those of Bitcoin. Its price is also dropping by around 14% at the time of writing, and it is currently as low as it was in May 2017, at $142 per coin. As stated earlier, losses in value and market cap have caused ETH to lose its position to XRP.

According to analysts, ETH will likely continue to drop for a while. Originally, three levels of support were predicted, with the first one being at $155, the second one at $125, and the third one at $100. Clearly, ETH has already reached the first one, and it dropped below quite quickly. Experts expect that the second price level will be able to hold it and prevent the further drop, although whether this will actually happen remains to be seen.

Once the upward trend starts anew, three resistance levels are predicted as well, at $170, $180.30, and $190 per coin. For the most part, ETH has been in a free fall for a while now, and while there is a chance that it will turn things around, it remains a small one.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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DEXes
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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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crypto billionaire
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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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TokenRoll
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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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