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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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Altcoins

SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share

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SonicX
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When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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