📈 Price Predictions Stavros Georgiadis

Ripple Price Prediction 2019: XRP Might Reach $1.20 by the End of 2019

📈 Price Predictions
Ripple is the second largest cryptocurrency by market capitalization with a current market capitalization of $15.342.452.802
Ripple Price Prediction 2019: XRP Might Reach $1.20 by the End of 2019
Contents

This article is a review of our Ripple price prediction 2018. We will mention several opinions on Ripple price prediction 2019. Will the Ripple price rise of fall in 2019? Results of 2018 are interesting as they indicate that 2018 was a very tough year for the cryptocurrency market, and Ripple was no exception as it declined significantly during all year 2018.

Results of 2018

As the end of December, the price of Ripple is $0,376095. On January 1, 2018 its price was $2.30. In 12 months the price of Ripple declined about 84%. The Ripple is the second largest cryptocurrency by market capitalization with a current market capitalization of $15.342.452.802, higher than the market capitalization of ethereum at $13.706.333.650. Could it be that Ripple may lose its second rank related to market capitalization for top 100 cryptocurrencies? This scenario is probable.

Ripple price prediction 2018

Our prediction for the end of year 2018 was the following:

“The current downtrend is strong but trying to make a Ripple price prediction for the rest of December 2018, our basic scenario is that a bounce up to the price level of $0.4350-$0.4550 is possible. It is wise to trade with the trend as it is a safer investment strategy, and for now the main trend is a downtrend. It is a conservative Ripple price forecast based on the main trend direction and the oversold conditions of the current price.”

Our Ripple price prediction proved correct as the end of December on the level of $0.467. It has declined in the past two days, but our prediction was a short-term. Could be the price of Ripple in 2019? Here are some interesting XRP projections for your consideration.

Ripple price prediction 2019

A very optimistic XRP price prediction is made by Investing Haven. Their Ripple prediction is that the price in 2019 will move from the current $0.37 level to $20 level. In other words, a price appreciation of about 5300%, which is at least unrealistic for most other financial markets and other more traditional financial assets such as stocks or bonds.

There are several arguments to support this bold Ripple prediction, and the summary is the phrase “Ripple is the Blockchain or crypto company with the highest potential in the world.” The following list supports this huge potential of Ripple in the cryptocurrency market according to Investing Haven:

·     A significant number of large institutional companies and investment banks will enter in the cryptocurrency market. Some of the large companies worth mentioning are Goldman Sachs, JP Morgan, Fidelity, Nomura and Nasdaq stock exchange.

·     Convergence of Ripple’s business and technological solutions in one stack only.

·     Institutional money will flow primarily into Ripple’s (XRP) token as it could be considered a low-risk investment with many clients. These clients are respected by others as they have a brand name and reputation in the business and financial industry. This momentum effect could be based on the most basic yet very important economic law, higher demand for a financial asset drives its price up.

·     Ripple has no futures to short sell. It is mentioned that bitcoin futures provided a cap on its price appreciation. But we can argue that, as futures provide higher liquidity and more transparency and safety in trading. The direction of price is determined only by fundamental analysis, and the perception of traders about the prospects of any financial asset. We disagree with latest argument.

This prediction is indeed very bullish as it suggests that the price bottomed around the level of $0.28 in mid-December 2018. Lets now mention some other opinions on Ripple price forecast for 2019.

💼 Related Article
Ripple Focusing on Where the Money Is – the MENA Region
🔥 Hot
6 days 10 hours
256
Ripple Focusing on Where the Money Is – the MENA Region

Ripple price forecast 2019

Ripple business applications for payments
Ripple infographic

Smartereum makes a more realistic Ripple coin price prediction for 2019, estimation that the price could reach the $3-$5 levels reaching new highs compared to the current low price of about $0.37 based on the wider adoption and usage of Ripple in daily financial transaction, mostly transfers of money. There is plenty of upside potential for this financial network as more and more institutional investors and companies will use Ripple to transfer money in a digital way. XRP could be one of the best investment opportunities for 2019.

A more conservative Ripple prediction is made by Coinswitch.

“If these advancements take place, then XRP might reach $1.20 by the end of 2019, to be conservative. At the most, it might even reach $2.”

The advancements are the factors we mentioned before, announced plans over convergence into one stack, meaning a more specialized business application, and institutional investors supporting the price of Ripple. Still the ranger of $1.2-$2 by the end of 2019 offers a price appreciation of about 225%-440% compared to the current price of about $0.37.

Ripple price prediction 2020

Ripple prediction for 2020, will price move up or down?
Ripple price prediction 2020

It is hard to make any Ripple predictions and we have mentioned that this is not a financial advice or recommendation, only an educational article mentioning opinions on a range of Ripple projections and its XRP in the future. Theoofy makes also a conservative estimate that  “By the end of 2020, Ripple would be around $1.40-1.50.” What about the year 2025?

Ripple price prediction 2025

Steemit makes an estimate for the price of Ripple in 2025.

Scenario 2. Assume that in 2025:

• XRP ends up accounting for 5% of the world’s GDP (estimated $95 trillion)

• Again, all transactions are done using XRP, maximum supply remains the same and no catastrophic events remove market confidence in Ripple. If this is the case, Ripple’s market cap would be $4.75 trillion and each XRP coin would be worth $47.5.”

We believe that this scenario is very optimistic also and should be taken only as an opinion, not any sort of investment of financial advice. We will now make our technical analysis and suggest a potential range for Ripple’s price in 2019.

💼 Related Article
Every Ripple Price Prediction 2019 Says the Same Thing: XRP Price Might Reach 10$
🔥 Hot
1 week 2 days
256
Every Ripple Price Prediction 2019 Says the Same Thing: XRP Price Might Reach 10$

Ripple technical analysis for 2019

Ripple prediction for 2019
Ripple daily chart

What we see at the end of December? There is a price consolidation within the range $0.80-$0.25. Is a bottom near the $0.25 confirmed? Yes and no as the price made a double bottom, and almost a triple bottom which would be more significant than the double bottom, but as long price does not break above the $0.57 level it is in a consolidation range. There are some bullish recent developments though:

·     Current price of $0.3824 is above the 20-period exponential moving average with a figure of $0.3629. if price remains above the 50-period exponential moving average with a figure of$ 0.3827 this will be considered positive for potential further gains.

·     The ADX/DMI indicator confirms that there is a price change from downtrend to uptrend. +DI line has crossed above the -DI line on December 18, 2018 and has ever since remained the dominant line, meaning that price is moving higher at a moderate pace so far.

·     The 200-period exponential daily moving average currently at $0.445 is a major hurdle and resistance. Price touched this moving average on December 24, 2018 and there was a clear rejection or selling pressure at that price level. If price breaks above this level and holds above it for several days, then this is an important pivotal point to monitor closely.

·     Important support levels to watch for are $0.25, $0.33, while important resistance levels are $0.434, $0.448, $0.547, $0.624.

·     If we had to choose a range for a probable price appreciation in 2019 that would be $0.60-$0.80. This is based analyzing the weekly chart as well. There is a consolidation range of $0.80-$0.25 for several weeks and we believe this range will probably hold in 2019.

·     If the support level of $0.25 is tested again and does not hold, then this should be considered as extremely negative for the price of Ripple in 2019.

·     Daily Bollinger bands are currently at $0.26-$0.417 for the low and high band respectively, and for now this range should hold 95% of the price range within two standard deviations from the 20-period daily moving average.

As a conclusion we cannot for now make any Ripple price prediction for 2019 that would be very optimistic as we agree that fundamental reasons will be catalysts for a potential rally. It is impossible to claim that the price level of $0.25 is the real bottom in 2018. It is too early and only an opinion. Our price range of $0.60$-0.80 for 2019 is even more conservative than the Coinswitch Ripple prediction of $1.20 in 2019. The volatility is high for cryptocurrencies, and any momentum trading could lead price far away from recent low-price level of about $0.38.

📈 Price Predictions
2367 views views
👓 Recommended articles
📈 Price Predictions Thomas Hughes

Constantinople Delay Makes a Dent in Ethereum’s Price

📈 Price Predictions
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.

image

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

📈 Price Predictions
48 views views
👓 Recommended articles
📈 Price Predictions Thomas Hughes

Bitcoin Price Pressure Increases. Bounce or Break Scenario In Play

📈 Price Predictions
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.

image

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

📈 Price Predictions
28 views views
👓 Recommended articles
📈 Price Predictions Stavros Georgiadis

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

📈 Price Predictions
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?

💼 Related Article
Every Ripple Price Prediction 2019 Says the Same Thing: XRP Price Might Reach 10$
🔥 Hot
1 week 2 days
256
Every Ripple Price Prediction 2019 Says the Same Thing: XRP Price Might Reach 10$

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.

💼 Related Article
Bitcoin Price Prediction: How Much Will BTC Cost in 2019?
🔥 Hot
2 weeks 4 days
256
Bitcoin Price Prediction: How Much Will BTC Cost in 2019?

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.

📈 Price Predictions
635 views views
👓 Recommended articles
📈 Price Predictions Thomas Hughes

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

📈 Price Predictions
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.

📈 Price Predictions
721 views views
👓 Recommended articles
📈 Price Predictions Thomas Hughes

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

📈 Price Predictions
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

📈 Price Predictions
96 views views
👓 Recommended articles