📈 Price Predictions Andrew Strogoff

Bitcoin, Ethereum, Ripple, EOS, NEM Go for New Highs, Bulls Becoming Stronger: Price Analysis, July 9

📈 Price Predictions
Bitcoin and altcoins develop their bullish trends, major cryptocurrencies still look promising
Bitcoin, Ethereum, Ripple, EOS, NEM Go for New Highs, Bulls Becoming Stronger: Price Analysis, July 9

Bitcoin and other major cryptos continue to rally as they have reached new highs on weekend. General market moods remain positive and cryptos from the top 20 seem to be ready to make new tops. Psychologically, bulls are winning currently as bears have no chances to reverse the situation.

As for the news, there are no drivers in the moment of writing, but we want our readers to pay attention to some interesting facts. European’s ETF giant launches ETN. This is an Exchange trading note, which is similar to Exchange trading fund, but have some specifics. Crypto community, by the way, expects Bitcoin ETF’s in the nearest future.

Another great news comes from Switzerland where local stock exchange owner SIX launches their own crypto exchange. This company promises to traders to give them a full set of opportunities in order to provide clients with high-quality service.

Bitcoin (BTC/USD) price analysis, July 9

BTC/USD had almost nor gains neither losses in the past 24 hours as the currency pair declined for less than one percent. However, in general, the situation is promising as the main cryptocurrency established new highs during the weekend.

BTC/USD 4 Hours chart

Let’s get down to the four hours’ chart to see what’s going on with the cryptocurrency. Bitcoin has tested the supper area at $6,510 during the weekend but failed to develop its decline. We have updated the ascending trend line according to the recent price changes.

Bitcoin went upwards later and BTC price jumped over the resistance area at $6,701. BTC/USD stays above this level currently, but still unable to make any further upside steps. We think that the currency pair is going to grow today again as we have a clear bullish flag pattern on the chart.

The next target for Bitcoin growth lies at $6,943. BTC price is likely to reach this area within one-two days approximately. However, if bulls are more active, they will be able to develop their progress and to reach even higher tops.

As for the alternative scenario, if sellers gain temporary control over the market, they will be able to press the currency pair down towards the support area at $6,510.

Ethereum (ETH/USD) price analysis, July 9

Ethereum makes smooth losses in the past 24 hours, but the currency pair still looks very promising as it established new highs during the weekend. We have adjusted the ascending trend line in order to make it more appropriate to the current situation.

ETH/USD 4 Hours chart

Wha can we see on the four-hour chart? The first thing that is clear is that ETH price goes along the green ascending trend line. This fact indicates the probability of further upside tendency. ETH price reached the trend line on the weekend but jumped over the resistance area at $473.39 and went higher later.

Currently, we have some kind of a flag pattern on the chart, but it is not a classic pattern analysis flag that we used to trade. However, psychologically, this one is a consolidation after a bullish momentum and may lead to another significant price burst in the nearest future.

As for targets for this growth, we think that Ethereum is likely to reach $540.69 in the nearest future. However, the closest target is the resistance area at $500.36.

Is there any alternative scenario? If bulls are unable to drive ETH/USD higher than bears will push it lower. We think that Ethereum will run lower in this case, targeting the support area at $543.29.

Ripple (XRP/USD) price analysis, July 9

Ripple looks less promising than other majors as the crypto failed to establish new highs during the weekend. The currency pair has lost more than two percent in the past 24 hours. The currency pair has broken through the ascending trend line and moved lower. It is hard to say currently whether Ripple is going to resume its uptrend in the nearest future.

XRP/USD 4 Hours chart

The situation on the four-hour chart is neutral as there is no tendency currently. Ripple failed to jump over the resistance area at $0.5088 during the weekend. The currency pair tested the support area at $0.4744 instead.

We have set upper targets for Ripple at $0.5444, but currently, we cannot say that XRP/USD is able to reach them in the nearest future as the uptrend was broken. The lower targets are set at the support area at $0.4495, but Ripple will have to breakout the closest support area at $0.4744 in order to reach it.

EOS (EOS/USD) price analysis, July 9

EOS seems to be neutral on Monday as the currency pair has no clear direction. EOS has lost more than four percent in the past 24 hours. We have readjusted the trend line to make it appropriate to the current situation.

EOS/USD 4 Hours chart

EOS has almost reached the resistance area at $9.03 during the weekend but later the currency pair declined towards the ascending trend line. It stays in the middle of the horizontal channel in the moment of writing.

We think that EOS is going to stop declining there and after meeting the ascending tend line, the currency pair is likely to resume its growth. EOS/USD’s first target is at $9.03. If bulls are able to drive the currency pair higher, EOS is likely to reach the next resistance at $9.56.

As for the alternative scenario, we think that according to the current situation, bears have the same chances to push EOS downwards. The closest support area is at $8.29. As for targets, they may be even lower at the next support area at $7.65.

NEM (XEM/USD) price analysis, July 9

NEM has no clear direction currently, but we think that the currency pair is likely to resume its uptrend according to the chart situation in the moment of writing. We have adjusted the trend line and it shows the situation better in the moment of writing.

XEM/USD 4 Hours chart

There is a bullish pattern on the four-hourchart and we think that bulls have chances to drive the currency pair higher. XEM price is close to the ascending trend line and if it jumps off it, the price is likely to reach the closest resistance area at least.

We have set bullish targets at $0.2121, but the price will have to jump over the closest resistance area at $0.2002 first. However, if this bullish pattern does not work, the bears will regain control and will be able to push the currency pair lower. The closest target for the decline lies at $0.1682.

💼 Related Article
Beginners’ Guide to Cryptocurrency Trading Platform
🔥 Hot
7 months 3 weeks
256
Beginners’ Guide to Cryptocurrency Trading Platform

Subscribe to U.Today on Twitter, and get involved in all top daily crypto news, stories and price predictions!
📈 Price Predictions
1552 views views
👓 Recommended articles
something-wide
something-wide
📈 Price Predictions Vera Thornpike

Stellar Price Forecast 2019 – At Breakneck Speed to $1 and Higher. Expert Opinions and Arguments

📈 Price Predictions
XLM price forecast 2019: 7+ predictions from websites and experts. Is a $1 XLM value possible?
Stellar Price Forecast 2019 – At Breakneck Speed to $1 and Higher. Expert Opinions and Arguments

Although Stellar is one of the top-10 world cryptocurrencies, it cannot boast a high price: XLM is stuck at the level of around $0.07. However, crypto experts are optimistic about the currency and predict a major Stellar breakout. What are Stellar price predictions 2019, and what can trigger XLM growth?

7 XLM price predictions 2019

The vast majority of Stellar predictions boil down to the fact that the Stellar price will soar this year and down the road. Let’s take a quick look at forecasts:

  1. According to the Altcoin Forecast website, their short-term Stellar prediction is a 10% gain from its current price, which means it can reach $0.08 by March.

  2. Wallet Investor, a technical analysis website, isn’t optimistic about short-term XLM perspectives, but the current price can provide you with a high ROI level: you can raise your riches by 5 times if you invest at the current price.

  3. The Investing Haven team agrees that 500% growth is possible if Stellar doesn’t face any security flaws and the overall cryptocurrency market performs normally. A listing on Coinbase can also give XLM a little kick.

  4. Monetize.info reckons that Stellar’s partnerships will promote a huge price growth for XLM to reach $2-3 as a result. Sounds fantastic, but Monetize isn’t always right when it comes to partnerships. Just think of it: Stripe gave Stellar a $3 mln capital injection a few years back, which Stellar immediately returned in XLM. Aside from Stripe, Stellar will be supported by such top dogs as IBM, Deloitte, and ICICI Bank.

  5. Oracle Times states that XLM will reach $1 in 2019 thanks to a partnership with IBM that added eight new validators in December. Jed McCaleb announced that over 30 banks are partnering with Stellar and mentioned SatoshiPay, Mobius, and Hashcash among them.

  6. In a report posted by Finder.com, Stellar was mentioned as one of the most promising crypto investments in 2019. It stated that XLM might reach $0.21 by February 2019 and that the market will reach $0.41 by the end of December 2019. Their prediction hasn’t come true yet, but we still have two weeks ahead.

  7. The Economy Forecast Agency provides another realistic forecast – their Stellar Lumens price chart analysis shows that XLM = $0.64 is possible by the beginning of 2020.

Stellar partners contribute to XLM integration all over the world

What do experts think?

Industry professionals cannot come to some mutual opinion – their forecasts differ a bit.

For example, Ben Ritchie, COO of Digital Capital Management, puts high hopes in the cryptocurrency industry. He said that Stellar managed to gain enough respect in 2018, so it will reach momentum in 2019 for further development. Its blockchain will continue solving problems, so the number of investors and partners is expected to increase. He believes that XLM will reach $0.14 by February 2019 and $0.35 by the end of the year.

Joseph Raczynski from Joetechnologist.com supported this statement. He highlighted that Stellar is to enter growth mode, and 2019 could be Stellar’s year. The currency can still reach $0.13 in February and climb to and $0.30 by the end of the year.

Whatever the XLM price predictions are, it’s clear that Stellar has a lot of potential to reach: its unique blockchain can render benefits for corporations and banks. Thus, a $1 XLM price isn’t such a fantastic number – in the world of crypto, everything is possible.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Subscribe to the official U.Today Telegram channel. Get news first!
📈 Price Predictions
1124 views views
👓 Recommended articles
something-wide
something-wide
🤷 Opinions Vera Thornpike

Litecoin Price Forecast 2019: Set Sail to Break the $50 Iceberg and Swim as Far as $230

🤷 Opinions
Litecoin price forecast 2019: The coin has the chance to reach the value of $230. What are the factors contributing to LTC growth?
Litecoin Price Forecast 2019: Set Sail to Break the $50 Iceberg and Swim as Far as $230

Following Bitcoin’s path, Litecoin seems to be on the rise: it’s becoming quite popular among investors and is slowly gaining in price. There’s a very high probability that it will trade higher than $30 all year long, but what about its highest points?

Litecoin Price Forecast 2019: Set Sail to Break the $50 Iceberg and Swim as Far as $230

Focus on numbers: Litecoin’s future in 2019

Although the bearish period seems to be over, the crypto market is still highly volatile. That’s why making any short-term predictions is quite hard. However, it doesn’t discourage analytical websites and people from making their own forecasts.

Thus, according to publications on various crypto websites, Litecoin has enough potential to reach the $1,000 edge. Some articles mention the number $2,000 – it seems to be far from reality. What are these suggestions based on? It’s not clear.

However, these forecasts are on par with predictions from some experts. For example, George Tung, a cryptocurrency analyst, claims that Litecoin will reach $1,500 towards the end of 2019. Brian Kelly, the head of BK Capital Management (LLC), is sure we might witness an LTC price of $500 or even $600 by the end of this year. Though conservative, this approach seems to be close to reality.

In November 2017, Litecoin was traded at $100 and investors managed to enjoy 25x ROI. If the market is hit by the bullish wave again, the scenario can repeat: LTC might jump from its current $48 to $1,200. But what if that won’t happen?

Our guess is that Litecoin can reach the range of $150-$230 by the end of 2019. How can it crawl to such numbers? First, in August 2019, the block reward for miners will be cut by 50%, which might provoke the growth of demand for LTC.

What will kick-start Litecoin growth?

Here’s the whole gamut of factors that can make Litecoin soar separately or altogether:

  • The rate of accepting Litecoin on exchanges and online websites will gradually increase. One of the adoption examples is the Surf Air store that started accepting LTC payments.

  • Of course, Litecoin’s growth is partially defined by Bitcoin’s performance. At the moment, BTC is on the rise. However, Litecoin seems to recover from the bearish period much faster and better.

  • At the same time, while Bitcoin’s gaining in traffic, users start complaining about growing transaction fees and slow performance. That’s when their attention switches to Litecoin, with its lower commissions and better speed.

  • A big influx of traffic on Coinbase is expected – it backs three major crypto assets, including LTC.

Thus, Litecoin is getting more and more media attention, which only contributes to its growth. Some Internet users are sure that it has to reach the $50 mark to get back on track and start gaining in value. This event is definitely around the corner!

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Only the most important posts per day. Infographics, analytics, reviews & summaries. Join our Telegram channel!
🤷 Opinions
4155 views views
👓 Recommended articles
something-wide
something-wide
📈 Price Predictions Thomas Hughes

Litecoin, EOS, Stellar, Monero Weekly Price Prediction. Can XLM climb to the Top 5 Soon?

📈 Price Predictions
The last week has been prolific for the crypto market with Bitcoin testing the key $4000 mark
Litecoin, EOS, Stellar, Monero Weekly Price Prediction. Can XLM climb to the Top 5 Soon?

The last week has been prolific for the crypto market with Bitcoin testing the key $4000 mark, Ethereum approaching $150 and the total market cap increasing to over $134 billion. This is a solid climb considering February 17 it was valued at only $121 billion, the market is coming back to crypto. As usual, Bitcoin is dragging the altcoins up with it and in this case, we are seeing green across the board.

Litecoin (LTC) Price Analysis

Litecoin is currently the number 5 cryptocurrency by market cap with a circulating supply valued at $3,017,837,498 and a trading price of $49.82. Over the last 7 days, it has added 16.94%and is one of the top performers. The LTC/USD pair has been enjoying a steady climb since bottoming out at $22, is now supported by a strong bullish trend line and trading above the 100 days Exponential Moving Average (red). The recent break above the level at $47 makes $56 the next target which could be reached inside a week’s time. It must be noted that the Relative Strength Index has entered overbought for the second time and that may generate a pullback into the 100 EMA.

LTC/USD chart by tradingview

EOS (EOS) Price Analysis

With a market cap of $3,497,498,697, EOS is sitting just above Litecoin in the market cap rankings at number 4. It is trading at 3.86 against the US Dollar and has increased a whopping 37.56% in the last 7 days. The recent climb broke the resistance at $3.10 taking EOS above the 100 days EMA and painting a bullish picture. The most likely scenario is a touch of the level at $4.60 which was support in the past and has not turned into resistance yet. The RSI is deep in overbought territory which is an early sign that a retracement will soon follow but, however, as long as the price is above $3.10 the bias is bullish.

EOS/USD chart by tradingview

Stellar (XLM) Price Analysis

Stellar added 12.95% in the last 7 days and is currently occupying the number 8 spot in CoinMarketCap rankings with a circulating supply valued at $1,711,752,210. It has a trading price of 0.089 against the US Dollar and, from a long-term perspective, the pair is in a clear and strong downtrend. The but is that after reaching the bottom at 0.073 the has started to show signs of bullish pressure. For now, the bulls and bears are battling for the control of 0.092 resistance, which if broken, will likely generate additional upside movement. A failed break here would send the pair back into 0.073 support.

XLM/USD chart by tradingview

Monero (XMR) Price Analysis

Currently sitting in the number 13 spot with a market cap of $875,852,285, Monero is trading at $52.10 and added more than 9% over the last 7 days. Monero has had a weaker climb than its peers and is still trading below the 100 days EMA and below the resistance at $59. XMR/USD is in a range created by $39 support and $59 resistance so before we can see stronger moves to either side one of the boundaries must be broken. It’s very likely to see a move into $59 - $60, where the next short-to-medium term direction will be decided.

XMR/USD chart by tradingview

 

Subscribe to U.Today on Facebook, and get involved in all top daily cryptocurrency news, stories and price predictions!
📈 Price Predictions
429 views views
👓 Recommended articles
something-wide
something-wide
📈 Price Predictions Yuri Molchan

Binance Coin (BNB) – Forecasts and Prospects

📈 Price Predictions
Binance Coin (BNB) is the native token of Binance – the world’s largest exchange in the crypto market – and may enjoy further growth in the short term
Binance Coin (BNB) – Forecasts and Prospects

Binance Coin (BNB) is the native token of Binance – the world’s largest exchange in the crypto market. It is powered by the Ethereum platform and runs under the ERC20 protocol. The total supply of BNB is slightly under 200 mln. Recently, it has managed to rise on Coinmarketcap and grab position #10.

Binance launched its coin in the summer of 2017.

The exchange provides a big catalyst for its token. Binance intends to set aside 20 percent of its quarterly revenue to recover from the market 50 percent of the BNB supply that has been sold already, and then it plans to burn those coins. This would ensure a limited offer of the asset and may well let its price soar.

Binance has already conducted a coinburn recently, on January 16. Back then, $9.4 mln worth of BNB coins was destroyed. After that, Binance Coin saw major momentum, and its price got over the $10 mark.

💼 Related Article
Ripple's XRP Is Undergoing ‘Popcorn’ Rally: Peter Brandt
🔥 Hot
2 days
256
Ripple's XRP Is Undergoing ‘Popcorn’ Rally: Peter Brandt

BNB’s long-term prospects

At the end of 2018, the CEO of Binance announced that the exchange is about to launch a decentralized exchange (DEX). On February 20, 2019, the testnet phase of the DEX started.

The decentralized platform is backed by the Binance Chain – a blockchain developed specially for it by Binance. BNB is presently an ERC20-based token, but ultimately it will migrate to the new platform to turn into a native token.

This roadmap could ensure a massive rise for BNB in the future. However, if the DEX fails to deliver on the community’s expectations, everything may happen the other way round.

Right after the announcement regarding the DEX, BNB began ascending and since then has managed to grow from $6.20 to $11.67. Its current price is $10.77, as per Coinmarketcap.

Binance Coin (BNB) – Forecasts and Prospects

Only the most important posts per day. Infographics, analytics, reviews & summaries. Join our Telegram channel!
📈 Price Predictions
303 views views
👓 Recommended articles
something-wide
something-wide
📈 Price Predictions Vera Thornpike

Ethereum Price Analysis from Twitter: From $145 to $200 and Higher? What’s the Chance of Ethereum Breaking Out?

📈 Price Predictions
Ethereum price predictions from Twitter: Can an ETH price of $145 be the sign of an uptrend?
Ethereum Price Analysis from Twitter: From $145 to $200 and Higher? What’s the Chance of Ethereum Breaking Out?

Ethereum is at the center of attention. There are a lot of things happening to ETH recently, but the best news is the uptrend which seems to have come. What do Twitter users think about it? Let’s trace the recent history of Ether and ETH price predictions in the latest tweets.

Starting from the middle of February, Ethereum began rising in price by 10%, step by step:

By February 21st, it has reached the $145 threshold. What’s going to happen next?

It’s not surprising that crypto traders remain skeptic after a long bear market. Most of them are still afraid of serious fluctuations. However, some are quite optimistic:

Many are sure that Ethereum is back on track:

Anyway, doesn’t it open new opportunities for investment?

What will accelerate Ethereum’s growth? There are a lot of changes to come, including the release of Constantinople, the overall market uptrend, and other aspects:

There’s a lot of fuss around Ethereum right now. For example, on February 21st, someone sold ETH for the highest fee in the history:

Samsung has integrated an Ethereum wallet into its new S10 phone, which seems to be a considerable step towards massive adoption of the cryptocurrency:

Yet, not all top players believe in Ethereum’s potential. Look at what’s happened recently:

Was Google right? Only time will show. We will continue watching Ethereum development trends.

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

Only the most important posts per day. Infographics, analytics, reviews & summaries. Follow us on Facebook!
📈 Price Predictions
1854 views views
👓 Recommended articles
something-wide
something-wide