📈 Price Predictions Stavros Georgiadis

EOS Price Prediction for 2019: 70$ or Less?

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EOS price made a bounce from the low price of $1.69 to the high price of $3.1 at the end of 2018.
EOS Price Prediction for 2019: 70$ or Less?

This article will be a review of our EOS price prediction 2018 with mentions on EOS price prediction 2019 and coin price forecast 2019. Results of 2018 will also be reported about the performance of EOS coin.

Results of 2018

As the end of December, the price of EOS is at $2.56, having lost almost 71% compared to the value of $8.77 on Jan. 1, 2018. The price reached a high price of $21 during April 2018, which was the top for 2018. Ever since it declined to the low price of $1.69. The price made a bounce from the low price of $1.69 to the high price of $3.1 and with this rally EOS is on the fifth position in the Top 100 cryptocurrencies by market capitalization based on latest CoinMarketCap statistics, having gained one position during the month of December 2018. What will EOS cryptocurrency price be in 2019?

EOS price prediction 2018

In our article providing an opinion on EOS price prediction 2018 we wrote “Our price forecast of $4.07-$4.50 is based on Fibonacci retracement levels. We do not estimate any larger price correction, as liquidity is expected to decline later during December 2018 and the time horizon is very short.” Still a bounce of 51% is a very important price change. What are some opinions on eos coin price prediction for 2019?

EOS price prediction 2019

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Steemit.com makes two EOS coin predictions for 2019, one for the price to reach $20, and the other a more optimistic one for the price to reach $70. They mention that $70 per coin by 2019 may be unrealistic but there are two interesting arguments in analysis:

  1. Regulation will be a very important topic to monitor during 2019 and beyond. If regulation is favorable to the cryptocurrency market and large amounts of capital based in China and in US enter the cryptocurrency market, then this could help the appreciation of EOS during 2019.
  2. A growing and more active community of EOS developers and business solutions may provide a competitive advantage to EOS compared to other cryptocurrencies. This may stimulate the demand for the coin and could drive its price higher.

Tradingbeasts.com makes the following EOS price prediction for 2019, the price in early January 2019 will be $4.20. The expected maximum price is $10.20, minimum price $6.94. The EOS price prediction for the end of the month is $8.16. During 2019 the price is expected to rise and by December 2019 the minimum, maximum and average price is $9.14, $13.44 and $10.76 respectively.

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EOS price forecast 2019

Another interesting EOS price forecast 2019 is the one from Coinswitch.co, predicting that the price will be $15 at some time during 2019. This is a more optimistic EOS future price estimate compared to the one made by Tradingbeasts.com. Cryptoground.com forecasts a price of $6.4389 for EOS in 2019.

But not all EOS predictions for 2019 are bullish or optimistic. An interesting forecast is made by Gov Capital and is very pessimistic on the future price of EOS in 2019. It predicts that in Jan. 1, 2019 the price will be $1.296, the one-year forecast price is predicted at $1.113 (-56.181%) from current price of about $2.56 and there is even a very bold prediction that on Mar. 9, 2019 the price will be $0.000000.

There is the legal disclaimer that price predictions are not investment recommendations and the real forecasts are based on technical analysis and a combination of deep learning processes. In theory, it seems at least challenging.

EOS price prediction 2020

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For 2020 Coinswitch.co forecasts that EOS will move higher for the first six months and during July 2019 it will reach the high price of $95. For the remaining of 2020 a decline may follow, and the price could be $56.25 by the end of the year. For 2020 Tradingbeasts.com forecasts a minimum price of $9.35, and a maximum price of $16.99.

Theoofy.com forecasts a positive and a negative scenario for the EOS/USD chart, making EOS price prediction 2020 based on not only one but two contradicting scenarios, which are almost always a good idea providing a wider range of outcomes based on the high volatility which is evident for the cryptocurrency market.

The positive scenario is that price may reach the high price of $22 if at the beginning of 2020 the chart is within the range of $11-$16 at the beginning of 2020. The pessimistic scenario is that the price of EOS will not move higher than the range $7-$9 in 2020.

EOS price prediction 2025

Looking further in the future and focusing on year 2025 some predictions for the EOS price are the following:

·     Theoofy.com predicts a price higher than $22 due to technological advances

·     Coinswitch.co predicts than in year 2023 the price of EOS could be near $106.77

·     Digitalcoin.com predicts a range of $11-$13  

·     CoinNewsTelegraph.com forecasts a price of $50, based on the increased positive momentum that EOS coin may have, compared to the momentum of ethereum.

We will end this article on EOS price prediction for 2019, 2020 and even 2015 with our technical analysis providing a range of probable prices.

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EOS technical analysis

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Technically the down trend seems to have changed to a short-term uptrend and the bottom price of $1.565 is an important level to monitor. Important support exists at the level of $1.772 and a small consolidation at the level of $2.48. A rejection of price near the level of $3.20 makes the 50-period exponential daily moving average an important and valid level of resistance. Other important levels of resistance are near $4.68 and $5.0.

A positive factor that may drive the price of EOS higher is that the ADX/DMI indicator has confirmed a trend change from downtrend to uptrend, with the +DI line crossing above the -DI line. A closing price above the 50-period exponential daily moving average currently at $3.1518 will be positive as it could be the first valid sign that a trend reversal from downtrend to uptrend has occurred. Based on Fibonacci ratios taking the swing high of $5.81 and swing low of $1.54 then the 0.50 and 0.618 retracement levels are $3.68 and $4.18 respectively. This range of $3.68-$4.90 is our forecast for the price of EOS in 2019.

There was significant consolidation in the price levels of $4.70-$5.00 in the past which lasted almost two months, from September to November 2018, which makes this consolidation zone hard to ignore, and very important. The falling 200-day exponential moving average currently at $5.34 is another key level to monitor, acting also as a potential resistance as price is still below it. It is a very tough challenge trying to predict a future price for eons as both volatility and different time frames present difficulties in forecasting.

The weekly chart seems less optimistic compared to the daily chart, and the monthly chart provides no evidence yet of a real bottom for EOS in 2018. What is also interesting are the values of Daily Bollinger bands at $1.55 and $3.10 for the lower and upper band respectively. They show a range bound trading activity for now and a potential consolidation phase.

As a conclusion we have mentioned in this article a range of EOS price predictions in 2019, 2020 up to 2025 which seem either too optimistic or too pessimistic.

The main thing to consider is that our technical analysis for EOS price in 2019 is not a trading recommendation. We have been correct in our December 2018 prediction for some of the major cryptocurrencies such as bitcoin and ethereum, and we must mention the fact, but it is much harder to make any prediction and be an accurate one for a longer time horizon such as one year compared to only a few days.  

It would be prudent to note that during the steep decline of the cryptocurrency market in 2018 many top cryptocurrencies based on their market capitalization declined in tandem with the cryptocurrency market.

This correlation may not hold in 2019 as business prospects, regulation and tax issues and competitive advantages to some cryptocurrencies such as a more active developers’ community may be some major catalysts that could make either a promising year for EOS or a year with no major factors to support its price appreciation.

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Tron Price Prediction for 2019: How Much Will Be Cost TRX in 2019?

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At the beginning of January Tron is ranked in the 9th position in top 100 cryptocurrencies in terms of their market capitalization on CoinMarketCap.
Tron Price Prediction for 2019: How Much Will Be Cost TRX in 2019?
Contents

Our series of cryptocurrencies articles and their predictions for 2019 and beyond is completed with an article about Tron price prediction 2019. We will mention scenarios about coin price forecast. Results of 2018 will also be shown as a starting point of our trx price prediction article.

Results of 2018

At the beginning of January Tron is ranked in the 9th position in top 100 cryptocurrencies in terms of their market capitalization on CoinMarketCap. Tron has a current value of $0.023808, a market capitalization of $1.586.908.038, a volume for the past twenty hours of $121.976.029, circulating supply of 66.631.954.397 TRX and total supply of 99.231.165.008 TRX.

On Jan. 1, 2018, the price of Tron was $0.044682, a peak was formed early in January 2018 at the price of $0.224499 and ever since a decline followed for the remaining of 2018. The current price of $0.023808 represents a decline of 48% compared to the price on Jan. 1, 2018. What experts think and believe about Tron in 2019?

Tron price prediction 2018

Our Tron price prediction for the remaining of 2018 and more specifically for December 2018 in our article called “Tron Price Prediction for December: One-Month Performance of -42.39%, Can This Change?” was that “The current trend is a strong downtrend and if we must make a TRX price prediction for the remaining of 2018 it is in favor of lower prices. What is a potential range for our price prediction? A level of $0.010-$0.08 for the end of 2018.”

The recent rally of Tron for the past twenty-four hours of about 10% and a current price of $0,020729 proved our Tron coin price prediction wrong. Our trx coin price prediction was based on the current downturn which changed direction in the past two weeks. What are now some Tron price predictions for the year 2019?

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Tron price prediction 2019

Four Tron coin prediction opinions are presented below as a first approach about what could Tron value be in 2019:

  • WalletInvestor.com is very pessimistic about the future business prospects of Tron predicting a 1-year forecast value of $0.000330 or a decline of almost 98%. According to this prediction if price is to move to this very low level then the recent rally would be an opportunity to sell the cryptocurrency. Nevertheless, this article is strictly informational and does not provide any trading recommendation.
  • Smartereum is on the other side with a very different and much wider prediction. They report that analysts are very optimistic about Tron in 2019. Their Tron predictions by the end of 2019 is a price of $12, which is based on fundamental factors, partnerships and advantages, important catalysts for the future price of the cryptocurrency.
  • CoinSwitch is also very optimistic about the price of Tron in 2019. They have a range of $0.05 - $0.06 for the first two quarters of 2019. By the end of 2019 the price could reach $0.11, which is positive as compared to the last year. In 2019, Tron will have positive effects from two important factors, security and privacy.
  • TradingBeasts.com has the following trx predictions for 2019. In January an expected price of $0.02 and in December 2019 a minimum price of $0.05, a maximum price of $0.07 and an average price of $0.05.

Tron price forecast 2019

Theoofy.com presents a few alternative scenarios about TRX price prediction in 2019 based on the positive and negative factors such as high trading volume and large circulating supply. There is a wide price range of $0.3-$0.7 for 2019 which is very optimistic as compared to the current price of $0.020662.

An important note is that the assumption of the constant circulating supply. If the supply changes, this will result in the change in market cap and token price. While this is an important note, we would mention the fact that fundamental factors such as business prospects and applications and a wider adoption of the Blockchain technology worldwide would be very important factors to consider. Regulation is also a key driver for the future price of cryptocurrencies.

Tron price prediction 2020

Tron Price Prediction for 2019: How Much Will Be Cost TRX in 2019?

For 2020 TradingBeasts.com forecasts that during January 2020 a minimum price of $0.05, a maximum price of $0.08 and an average price of $0.06 may be expected. By the end of 2020 in December a large price appreciation is expected with minimum, maximum and average prices of $0.21, $0.30 and $0.24 respectively.

CoinSwitch forecasts that in 2020 Tron for the first time could reach the price of $0.4 and that it will be a year high increased volatility compared to 2019. By the end of 2020 a decline of the price is expected from the price level of $0.30 to $0.24 in December 2020.  Smartereum has mentioned by 2020, the coin is expected to trade at $52.91.

Tron price prediction 2025

Can we make an accurate forecast five or six years from now about the value of Tron in 2025? Logic says that the further we move into the future the less reliable Tron predictions are. But for informational purposes here are some forecasts and TRX price predictions ranges for 2025. DigitalCoin forecasts that the price of Tron in 2025 will reach a maximum value of $0.10024417 in May. By the end of 2025 in December the price could decline to $0.06084865. Another forecast made by thenexttechs.com is that price could go up to $10-$15. With all these trx price prediction ranges we will conclude with our technical analysis for Tron and a conservative approach with a bullish and a bearish scenario for 2019.

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Tron technical analysis for 2019

Tron Price Prediction for 2019: How Much Will Be Cost TRX in 2019?

The optimistic scenario is that the bottom of $0.011 will mark a trend change with a recent uptrend formed and price could move up to the range of $0.035 - $0.051, a range with significant consolidation during 2018. For this to happen the price should close above the declining 200-period exponential moving average with a current figure of $0.0266. It is already a positive factor that price is trading above the 20-period and 50-period daily exponential moving averages. If global regulation issues provide a safer and more reliable environment for the cryptocurrency market in 2019 these price levels may be reached as they are probable and can be considered realistic based on the recent high volatility of the cryptocurrency in 2018.

An important level of resistance is $0.029 which is very close to the current value of the 200-period daily exponential moving average. We do not believe that the high price of $0.10 will be reached in 2019 or in the following years as it would only be feasible due to a higher demand for Tron and speculative momentum. Another crucial reason that could support a price appreciation for Tron in 2019 would be increased interest in ICOs and investments in the Blockchain industry. More capital raised, invested and used for business applications and solutions could send the price of Tron higher than our range of $0.035 - $0.051. Odds are according to our opinion that this most probably will not happen in 2019.

The pessimistic scenario is that price could fall below the recent $0.011 bottom. How low could price go is a tough answer, and a price of $0.0 is certainly a potential price. Without fundamental catalysts a more realistic price in the event price is to decline further would be the range of $0.05 - $0.08.

For now, a consolidation zone of $0.011- $0.028 is evident and at some point, in 2019 a breakout should occur. This wide range could send the price much lower in the event our pessimistic scenario is the one to be materialized. As a conclusion for our technical analysis for Tron in 2019, we estimate that the high volatility experienced in the cryptocurrency market in 2018 should continue in 2019. This high volatility makes the Tron predictions highly unpredictable.

All the opinions mentioned above about Tron price predictions should be taken only as informative. Only time will tell what the real price of Tron will be in 2019. 2018 proved a tough year for cryptocurrency. This does not mean that trends could change in 2019 without some pivotal developments.

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Constantinople Delay Makes a Dent in Ethereum’s Price

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Since Sunday, Jan. 20, $6 billion has been wiped from the cryptocurrency markets as Bitcoin is trading lower and dragging altcoins with it
Constantinople Delay Makes a Dent in Ethereum’s Price

Since Sunday, Jan. 20, $6 billion has been wiped from the cryptocurrency markets as Bitcoin is trading lower and dragging altcoins with it. The recent delay to Ethereum’s Constantinople hard fork brought further dismay and dragged the coin’s price lower, which also allowed Ripple’s XRP to widen the volume gap between the two digital assets.

Currently, there’s an almost $1 billion gap between XRP and ETH, with the former sitting at a 2nd place, just below Bitcoin and the latter occupying 3rd place, having dropped into technical support.

Chart Analysis – ETH/USD

At the time of writing Ethereum was down more than 5% in the last 24 hours, trading around 117 against the US Dollar and testing a key technical support level. In recent past, the pair has hit 117 twice and each time, it was rejected higher with force. This successfully established a double bottom price pattern, which is, in essence, a bullish formation, even more so when it occurs at the (potential) bottom of a downtrend.

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It is important to note that now price is testing said level for the third time, so it can create a triple bottom, which would be an even stronger indication that a move up will follow. As a side note, the spike below 117 (a red candle with long lower wick) is just a result of market inconsistencies because it is not present on most other exchanges apart from Bitfinex.

If the pair cannot form the triple bottom, hence meaning that we are dealing with a break of the double bottom, the outlook will become strongly bearish because usually, a break of a strong formation gives way to extended moves.

Support zone: 117 – 115, 100

Resistance zone: 200 EMA (4-hour charts) and 134

Most likely scenario: high-risk trading, unclear until a bounce or break is obvious

Alternate scenario: timid upside movement based on RSI showing bullish divergence

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Bitcoin Price Pressure Increases. Bounce or Break Scenario In Play

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Bitcoin appears to disregard this alleged oversold condition and has traded lower over the weekend, testing the key support at $3500.
Bitcoin Price Pressure Increases. Bounce or Break Scenario In Play

According to Binance CEO Changpeng Zhao, “Bitcoin has been oversold”. He recently made the aforementioned statement during the Binance Blockchain Week event which is currently being held in Singapore (January 19 – 22).

However, Bitcoin appears to disregard this alleged oversold condition and has traded lower over the weekend, testing the key support at $3500.

Chart Analysis – BTC/USD

Currently trading around 3550, the pair has rebounded slightly after testing support at 3500 and is now showing a form of bullish divergence: the RSI is making a higher low while the price is making a double bottom.

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This type of divergence is not as strong as the normal one (price is making a lower low and oscillator is making a higher low), but coupled with the double bottom at 3500, which is a bullish pattern, it can trigger upside movement.

The bullish triangle is broken to the downside, so before we can see any upside action, the price must return above the recently broken trend line. If that happens, we could see a climb into the 3700 area.

Support zone: 3500

Resistance zone: bullish trend line followed by 200 EMA (4-hour charts) and 3700 - 3750

Most likely scenario: if 3500 holds, we expect a climb into 200 EMA during the days to come

Alternate scenario: break of double bottom (3500) and move into 3400

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Bitcoin SV Price Prediction. A Top-Ten Cryptocurrency You Need to Know About

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Bitcoin SV made news recently when it overtook the tenth spot in terms of cryptocurrency market cap
Bitcoin SV Price Prediction. A Top-Ten Cryptocurrency You Need to Know About
Contents

Bitcoin SV made news recently when it overtook the tenth spot in terms of cryptocurrency market cap. The token network is now worth about $1.35 billion and is likely to increase is worth in the coming months. Bitcoin SV, Bitcoin Satoshi Version, is a hard-fork of the Bitcoin Cash blockchain that is giving its parent a run for its money. The BSV is meant to embody the vision of Bitcoin’s founder Satoshi Nakamoto and bring the power of currency back “to the people”.

The real purpose of BSV is to tackle four fundamental problems within the Bitcoin universe and that is where its value lies. These include stability, scalability, security, and safety; the caveat is that we’ve heard all this before, and didn’t those issues lead to Bitcoin’s previous hard-forks?

BSV/USD is under pressure, but the outlook is bullish

Like most cryptocurrencies, Bitcoin SV has been under pressure in the last few months. A lack of coherent regulation and uncertainty for blockchain’s future are largely to blame. The good news is that the token has been stabilizing near the $75 range where it appears to be well support.

BSV/USD Chart

In the near-term, the pair is facing good support at the bullish trend line seen on the chart below. This support is consistent with the horizontal level at 75 but may be broken in the next few days or weeks. The reason is BSV hasn’t shown any type of bullish pressure so it’s very likely to see a break of said support, en route to 70 and possibly the low at 65.

BSV/USD Chart

Such a move would be a buying opportunity. The token is a match for Bitcoin and Bitcoin Cash, both trading well above the $75 or so we are seeing for BSV. A move up is likely to see BSV touch and surpass the $175 level (where Bitcoin Cash is trading) on its way to retest the all-time highs near $225.

Bitcoin SV (BSV) wallet could double up as authenticating device

In a recent Medium post, Craig Wright, Bitcoin SV’s biggest protagonist and chief scientist at nChain, outlined a new way of using BSV’s wallet: as an authenticating method for smart cards. The application focuses on “the use of electronic cards (“smart cards”) to facilitate secure, feasible, yet user-friendly system authentication through a Bitcoin (SV) wallet.”

According to Wright, the application will comply with AML/KYC rules and could be used to verify identity documents (passports, etc.) and to increase the security of payments and/or file encryption. When or if the application becomes usable, remains to be seen but if they manage to deliver a working version sooner rather than later, Bitcoin SV’s price will most likely be affected.

There is some risk to this token as it still new but we’re talking about cryptocurrency here, risk is the name of the game until the regulation is consistent around the world. When that comes you can expect to see this and most other major cryptocurrencies spike sharply higher.

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Cardano (ADA) Out of Top 10. Bitcoin SV Replaces It

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The two cryptocurrencies have recently switched places, with Bitcoin SV overtaking ADA to “steal” the number 10 spot by market capitalization according to data from CoinM
Cardano (ADA) Out of Top 10. Bitcoin SV Replaces It

The two cryptocurrencies have recently switched places, with Bitcoin SV overtaking ADA to “steal” the number 10 spot by market capitalization according to data from CoinMarketCap. At the time of writing, Bitcoin SV stands at $1.3 billion, while Cardano (ADA) has a market cap of just over $1.1 billion.

Chart Analysis – ADA/USD

ADA/USD chart

After failing to touch the key resistance at $0.060 and reaching a high at $0.056 on January 9, ADA has been on a downslide, finding support at $0.040. It is down more than 10.0% over the last 7 days but up 2.6% in the last 24 hours, according to aggregate data from CoinMarketCap.

The 200 period Exponential Moving Average is flat on the four-hour chart and the RSI is neutral, moving in the middle of the range and showing that control doesn’t clearly belong to either side from a medium-term perspective, although in the short term, the bias is bearish.

If 0.040 is breached, the pair will find support at 0.037 and a break of the latter will open the door for an extended drop into 0.030 – 0.028. First resistance sits at 0.050 – 0.051 and until it is broken, the chances of a strong move up are low.

Support zone: 0.040 – 0.037

Resistance zone: 0.050 (0.051)

Most likely scenario: break of immediate support, move into 0.037; choppy price action

Alternate scenario: recovery and move into 0.050 area

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