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6 cryptocurrencies to watch during this crypto market carnage time - Global Coin Report
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6 cryptocurrencies to watch during this crypto market carnage time

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Crypto
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The cryptocurrency market tends to go bearish once we go past Monday/Tuesday and approach weekends, even in good times. These are not good times at all, so it’s kind of doubtful that any coin at all will make progress on the coming weekend. Bitcoin and Ethereum are in free fall. But a handful of assets have had exciting developments over the last few hours. Let’s explore them a little.

Bitcoin Gold

Bitcoin Gold is acquiring value seemingly out of nowhere. While this is remarkable in the midst of a dramatically bearish market, it makes you wonder what will happen with this coin in the long run.

It’s a token with no real use cases, so its price is driven by speculative pressure above all, which is not a good thing because that just increases the probability of a sudden drop that will come out of nowhere, just as the rise came.

Bitcoin Diamond

Yet another Bitcoin fork. These forks have been gathering lots of attention lately, especially after Bitcoin Cash’s fiasco of a hard fork, that took away 75% of its previous value since last November 15th. But some forks have been performing well, such as the aforementioned Bitcoin Gold, and, Bitcoin Diamond that has recently risen in value by about 20% to reach $1 mark.

Revain

It’s been an interesting asset to follow for several weeks already. The price has a momentum of its own right now, which is remarkable in the current market conditions. However, in the last 24 hours, Revain lost 9.19% of its value too but still, it’s a good cryptocurrency to keep an eye on.

Ardor

This currency is a bit obscure, so nobody seems to be giving it a lot of attention at the time being. That is a little weird because coins that grow in value usually get noticed by the market, and Ardor has had some strong gains in the last few days.

Before going down by 3% today, it’s grown by 5% in only a few hours and has been going against the bearish trend very successfully. It will be quite interesting to follow this altcoin during the weekend and see how far it can go in fighting the current market’s trend.

Quarkchain

In the past few weeks, Quarkchain’s price went up several times over, and it’s repeating the feet today. The QKC token has gained around 2.35% in the last 24 hours.

That’s an interesting development to follow from here until coming Monday to keep track of how far forward it can move. It’s one of the very few markets in the top 100 coins by market capitalization that’s managed some real gains which is striking on its own merits.

Nexo

The last currency that has been going up significantly as we look for crypto market’s carnage time winners is Nexo. While it’s not exactly a noisy coin on the price list, it’s gained accountable value even in the current ‘severe’ crypto market bloodbath. This alone suggests that things are looking good for Nexo right now. The problem for this altcoin will be to sustain its rhythm and to keep going on over the weekend.

So now you have a few interesting coins you can use for crypto-spotting in the next few days (and beyond). Watch them carefully and enjoy the hard times of crypto too (it’s always better to not take hairs our of your head when something goes the other way).

For real-time trade alerts and a daily breakdown of the crypto markets, sign up for Elite membership!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and 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.

Image Courtesy of Pixabay.

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Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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Luxcore
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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP
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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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