📈 Price Predictions Stavros Georgiadis

Ethereum Price Prediction: ETH Will Be Larger Than Bitcoin Next Couple Years

📈 Price Predictions
At the end of December price of Ethereum is at $132.35 validating our forecast on Ethereum price predictions for the remaining of 2018. Was it luck?
Ethereum Price Prediction: ETH Will Be Larger Than Bitcoin Next Couple Years
Contents

Our recent financial analysis highlight about short-term Ethereum price prediction was the following:

“We estimate that, due to the liquidity diminishing as we get closer to the Christmas holiday season, a moderate move up to the price level of $125-$150 is possible. The cryptocurrency has fallen significantly, and while we favor trading with the trend, a dominant downtrend with the possibility of a moderate move up is our basic scenario for the rest of December 2018.”

At the end of December price of Ethereum is at $132.35 validating our forecast on Ethereum price predictions for the remaining of 2018. Was it luck? It could be as we cannot claim that our Ethereum predictions can be accurate or be any sort of financial advice or recommendation. What lies ahead in 2019 for Ethereum and the cryptocurrency market?

Ethereum price prediction

Ethereum price prediction 2018

Possible scenarios of Ethereum price in 2018

Some of the price predictions 2018 and beyond are the following ones:

·     “The current technical structure will remain negative as long as the price is below $515, but a successful 2-hour close above this level may perhaps decrease the current bearish pressure and open the doors for a fresh upward wave. On the flip side, the recent low of $477.31 may act as a decent support, the next buy zone being around $450. Overall Ether could consolidate in the short term, but it remains at a risk of more losses until there is a break above $515.” – Aayush Jindal

·     $1000 price target by Joseph Raczynski

·     $1400 price target by Clem Chambers

·     $2500 price target by Nigel Green. He mentioned that “The price of Ethereum is predicted to increase significantly this year, and could hit $2,500 by the end of 2018 with a further increase by 2019 and 2020 … This general upswing will be fueled by three mains drivers. First, more and more platforms are using Ethereum as a means of trading. Second, the increased use of smart contracts by Ethereum. And third, the decentralization of cloud computing.”

With a recent price of $132.35 the above opinions about Ethereum forecast prove that any attempt to make a reliable Ethereum price prediction 2018 is very hard if not impossible.

💼 Related Article
Ethereum Price Prediction 2019: Will ETH Cost $ 1.000?
🔥 Hot
1 month 1 week
256
Ethereum Price Prediction 2019: Will ETH Cost $ 1.000?

Ethereum price prediction 2019

Will Ethereum price rise or fall in 2019?

A wide range of values related to Ethereum price forecast in 2019 follows by nine experts in the cryptocurrency market:

1.   Matthew De Silva: Close to $0.

2.   Joseph Raczynski: Ethereum will hit $1,200 by Q4 2019. This is a huge increase from the current price of about $133.

3.   Tom Lee: $1900 by the end of 2019, again a very large increase.

4.   Nigel Green: $2500 with a further increase in 2019 and 2020. An optimistic view.

5.   Brian Schuster: $10,000 or even $100,000, if it replaces gold as a store of value. A very optimistic view.

6.   Jeff Reed: Ethereum is more valuable than Bitcoin. No specific price target was given but the main concept is that over time Ethereum will be larger than Bitcoin in terms or market capitalization which measures the total value of the cryptocurrency.

7.   Ian McLeod: Ethereum will be on an overall upward trajectory throughout 2019. He estimates “Ethereum to hit $500 by the end of 2018 and go on an overall upward trajectory throughout 2019.”

8.   Chris McClure: Ethereum is overdue for a rally going into 2019. Again, no specific price target was given.

9.   Fred Wilson: Ethereum feels like the easiest one to make a bull case for right now.

No price target was given.

All these predictions appear very optimistic so the main question to ask is what will be the catalysts that could drive the price of Ethereum to these high levels? A wider business adoption and broader business solutions could be an important factor and regulation issues are another aspect to consider.

Ethereum price forecast 2019

A more conservative range of Ethereum projections is that “By the end of next year that is 2019, it is expected that Ethereum would be somewhere around $ 500. Similarly, by the end of the year 2020, it is assumed that Ethereum would be around $ 2,000.”

If the target price of $500 by the end of 2019 is reached this will represent a return of about 275% compared to the price of Ethereum at $133 as od December 23, 2018. A very large price appreciation indeed.

What about years 2020 and beyond? What are the Ethereum predictions for a longer time frame?

Ethereum price prediction 2020

A range for the closing prices is for $81 in January 2020 and $186 in December 2020.

A more optimistic view by analyst Bobby Ullery is that Ethereum will be worth $11,375 in 2020 based on his model which places emphasis on fundamental factors such as the broader adoption of Blockchain technology in the financial and business sectors worldwide.

Can we even try to predict Ethereum price up to 2025? The answer is yes, but this will be only an opinion without any sort of investment recommendation whatsoever.

Ethereum price prediction 2025

A price prediction made by Cryptoground.com is that in 5 years the price of Ethereum will be at $1,487.3665. A second opinion is the optimistic scenario of the Ethereum reaching its historical high in 2025, without any specific target price given because it will a top platform for Dapps. A business catalyst that could indeed support the price appreciation.

But what about our technical analysis and Ethereum price prediction for 2019?

💼 Related Article
Ethereum Price Prediction in 202025: How Much Will ETH be Worth?
🔥 Hot
9 months
256
Ethereum Price Prediction in 202025: How Much Will ETH be Worth?

Ethereum technical analysis for 2019

While it is almost an impossible task to make accurate prediction for the price of any financial asset and despite the fact that our price target of $125-$150 was reached in December 2018, the following technical analysis is only an opinion on where the price of Ethereum may be at some point of time in 2019.

These are our key points to consider:

Will Ethereum price move higher or lower in 2019?

·     A short-term bottom, in fact a double bottom has formed at the $83 level. A rally has followed that took price to the level of $139, a 67% increase from the bottom. This is positive as the rally occurred within only seven days.

·     The latest downtrend that moved price from the swing high price of $225 to the swing low price of $83 has ended and reversed to a current uptrend, evidenced by the latest higher highs and lows observed. Also, the ADX/DMI indicator which measures the strength of the trend has shown a loss of momentum for the former downtrend, plus the value of +DI line is at 29.52 higher than the value of -DI line at 15.53, which confirms the act that now the dominant trend is an uptrend.

·     The daily Bollinger bands are currently at $74.03 and $135.47 for the lower and upper band respectively. A resistance at the upper level should be expected.

·     The 50-period, 20-period and 200-period exponential moving averages are declining and are at $132.70, $109.02 and $271.64 respectively.

·     A sustained period of closing prices above the 50-period exponential daily moving average or above the $132.70 level is considered positive for further future gains.

·     Important support levels are at $83, $105 while important resistance levels are at $173, $190, $202, $208 and $270.

·     A price target for 2019 if the current uptrend is to continue would be the range of $190-$270. This is because there was a period of consolidation at the $190 level for many days and at $270 is now the 200-period exponential daily moving average that professional and institutional traders monitor closely.

·     We do not think at this moment that 2019 will skyrocket the price in the absence of important fundamental catalysts. In fact, on the weekly chart the upper Bollinger band is currently at $330 and this could be another price target as well. But we prefer to express a more conservative price range, so we will remain with our $190-$270 price range.

The Ethereum as the majority of cryptocurrencies exhibits increased volatility and its price can move either higher than our price range or lower. If the support of $83 is tested again and does not hold then there are not any important support levels below it.

A guide to Ethereum

2019 may be either a different year for the cryptocurrency market compared to the collapse of major cryptocurrencies in 2018, or a continuation of the selloff experienced during all year 2018. Time will tell.

Subscribe to U.Today on Twitter, and get involved in all top daily crypto news, stories and price predictions!
📈 Price Predictions
1540 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?
Contents

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

 

The fastest way to get crypto news is to follow our Twitter. You won’t miss a thing! Subscribe.
📈 Price Predictions
306 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
Contents

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
1 day 15 hours
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

Join our Telegram channel to get news even faster!
📈 Price Predictions
252 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
Contents

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.

Subscribe to U.Today on Twitter, and get involved in all top daily crypto news, stories and price predictions!
🤷 Opinions
3803 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.

The fastest way to get crypto news is to follow our Twitter. You won’t miss a thing! Subscribe.
📈 Price Predictions
1773 views views
👓 Recommended articles
something-wide
something-wide
📈 Price Predictions Thomas Hughes

Binance Coin Six-Month Price Forecast – One Major Catalyst

📈 Price Predictions
Binance Coin (BNB) is the brainchild of one of the biggest crypto exchanges in the world; Binance
Binance Coin Six-Month Price Forecast – One Major Catalyst

 

Binance Coin (BNB) is the brainchild of one of the biggest crypto exchanges in the world; Binance. It runs natively on the Ethereum blockchain under the ERC20 protocol, has a total supply of 200 million and is the 10th cryptocurrency by Coinmarketcap. The token was initially launched in July 2017 and has a solid following.

Binance has a major long-term catalyst for its coin. The company plans to use 20% of their quarterly profits to buyback and then burn 50% of the entire supply of BNB. This means that eventually only 100 million BNB will exist which creates scarcity and possible price increase.

The latest coin burn occurred on January 16 when the Binance team destroyed $9.4 million worth of BNB tokens. Since then, Binance Coin enjoyed very bullish price action, which took it above $11.0

BNB/USD Technical Analysis – The Big Picture

In late 2018, Binance announced they are preparing to launch a Decentralized Exchange (DEX) and on January 20, 2019, said DEX entered public testnet phase. The DEX is powered by Binance Chain, which is a blockchain developed by - you guessed it – Binance. BNB, which is currently an ERC 20 token will eventually be migrated to the new blockchain and will become its native asset.

This could spell massive upswings for BNB in the long run, but could turn into adversity if the DEX fails to live up to expectations. One thing is certain: shortly after the announcement, Binance Coin started to enjoy positive sentiment and since then the token has risen from $6.20 to a high of $11.67, currently trading at $10.35.

BNB/USD chart by tradingview

 

From a Weekly chart perspective, the token is not in a clear trend but it has been tracing lower highs and lower lows since it hit a recent high. The climb that started at $4.30 shows strong bullish pressure and could develop into long term bullish price action once the coin retraces to support. The Relative Strength is moving north, without being overbought, which supports a bullish scenario for the next months. For long-term bullish activity to happen resistance at $11.80 - $12.00 must be broken decisively.

On a Daily chart we can better see the importance of the resistance level at $11.80. It has been touched multiple times from above and below and more often than not, price was rejected. Most recently, we can see that rising price hit resistance at this level again and is now retracing lower.

Binance Coin

 

Considering all the factors involved, Binance Coin could climb into $18 area over the next six months but for this to happen Binance’s DEX must perform well. Immediate retracements should find support at $9.0, but a break below would not invalidate the long term bullish scenario as long as the trend line is intact and the DEX project is still viable.

Daily Chart Support: $9.0 and 100 days EMA (red line)
Weekly Chart Support: bullish trend line and $4.30
Daily Chart Resistance: $11.80 and $15.0
Weekly Chart Resistance: $11.80, $15.0 and $18.20
Most likely scenario: continuation of bullish movement, break of $11.80 and move into $15.0 where a deep retracement may occur; Longer-term a touch of $18 over a few months

Alternate scenario: breakdown below the bullish trend line

The fastest way to get crypto news is to follow our Twitter. You won’t miss a thing! Subscribe.
📈 Price Predictions
696 views views
👓 Recommended articles
something-wide
something-wide