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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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Blogs

What Changes May the Crypto Space Experience in 2019

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After the crypto hype of 2017, a lot of newly-arrived crypto enthusiasts were caught off-guard by the price crash and bear market that took over in 2018. One month after another, investors were waiting for things to change, and for another bull run to take place. Unfortunately, this did not happen in 2018, and while the year’s final days were seemingly stable, the rally everyone wanted to see has failed to arrive.

However, crypto investors remain optimistic, with many of them hoping to see some changes arrive in 2019. There are rather great expectations of this year, especially since the last one failed to deliver. However, many are interested in what exactly is to be expected in this year, which is what we will talk about today.

Bitcoin ETF approval

The US SEC’s decision regarding Bitcoin ETFs was one of the most anticipated events throughout 2018. Sadly, the decision constantly got delayed, and the SEC never actually provided an answer. The last delay has pushed the decision into 2019, and it is now expected to arrive on February 27.

Historically, the SEC was never ready to approve Bitcoin ETF, and many believe that the delays came due to the fact that the market was not ready for then in 2018. This is backed by the fact that the SEC rejected multiple application throughout the year. VanEck and SolidX…

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Reasons Why 2019 May Be A Great Year For Crypto

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crypto
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The new year was always considered to be a time of new beginnings, where people can reflect on the past and learn from their mistakes in order to be better in the future. The same is true for the world of crypto, and investors around the world are hoping for 2019 to be better, more profitable, and to have more success than 2018.

The hope for the future is even more important when we consider all the negative development in 2018. There were numerous high-profile hacking attacks, two market crashes, with a strong bear market in between. Not to mention that some of the biggest projects that may have brightened the year a bit ended up being delayed.

With that in mind, it is understandable why investors are looking forward to the new year and all the potential development that it may bring. In fact, there are several reasons why they should be excited about 2019.

1) Bearish market to loosen its grip

The first reason why 2019 can be a good year digital currencies is that it may finally break free of the bearish grip that has been felt ever since last January. Following the first market crash, the bears settled in, and the prices kept falling for an entire year. The market attempted to shake off the negativity on several occasions, with the biggest one being…

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Blogs

3 Coins with the Largest Potential in 2019

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2018 has been a pretty bad year for digital coins, and after the initial market crash that occurred a year ago, everyone was expecting a bull run that will fix things. Obviously, it never arrived, and instead of that, all that crypto market experienced was an entire bearish year and another crash in mid-November.

Now, however, it is a brand new year, and attempts to shake off the bears’ grip can be seen even in these first two weeks. The market is still struggling and mostly losing value, rather than gaining, with most coins being in trouble once more. Still, a lot can happen in a year, and most investors remain optimistic regarding 2019. Here are some of the coins that are believed to have tremendous potential, and to be the hope of this year.

  1. Bitcoin (BTC)

Of course, Bitcoin comes first. This is the first cryptocurrency which is still dominating the market, with no other coin being even close to its market cap or price. BTC is the coin that has reached the most prominent heights, and it also lost the most in the previous year. However, there is still hope, as there are several projects and events scheduled for this year that might turn things around for the number one coin.

One thing that is expected is the approval of Bitcoin ETFs…

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