Price Analysis 2018 – Bitcoin, Ethereum, and Ripple

All the investors are waiting for the analysis of the coins to choose the coin which they have to be invested for a long term. The topmost cryptocurrencies including Bitcoin had experienced fluctuation and it its price is fluctuating even now. From the end of 2017, the coins price have been begun to be affected. Currently, the most attractive coins are Bitcoin, Ethereum, and Ripple which is said to be as a better investment option.

Bitcoin Price Analysis

Bitcoin had continued to slide again. At the time of writing the BTC is trading at $7,946.84 with a market cap $135,487,661,870. When we look at the chart of the oldest cryptocurrency Bitcoin, it was seen down 2.25% after the trading session on Tuesday. The market had closed yesterday at the price of $8230.64.  This week had begun with the price of $8327.47 and when we compare it with today’s price we can see that BTC had gone down a far from the price before three days. In the large range, there’s a smaller range developing with resistance at 10,000 USD and 7,941.68 USD support.

Ethereum Price Prediction 2018

Ethereum is said to be as a fast emerging cryptocurrency nowadays as it had made new heights recently. In the calendar of 2017 iot has been marked that, ETH had risen by about 3600%. This is the main reason that Ethereum becomes a most attractive coin which made most investors choose it as a long-term investment option. Currently, ETH is trading at the price $639.16 with the market cap $63,665,607,790. The Ethereum price is forecasted to reach $987.50 by the beginning of September 2018. The price is expected to be reached up to $1,164.52 by the beginning of October 2018. The predictors say that by the end of 2018 the price is going to be $ 1,297.27.

Ripple Future Forecast 2018

Ripple, like most of the other coins, experienced the drop and somehow it manages to overcome it. Ripple is trading at the price of $0.638255 at the time of writing with a market cap $25,013,193,178. But the current price is  5.265 down comparingly to the previous day. The predictors say that by the end of 12018 the price will be reached up to $1.01 by the end of the year. Recently the Apple had adopted the technology of Ripple which is expected to be caused to increase the credibility of Ripple. Ripple is ranged with a major support level of $0.6600 and major resistance level of $0.7200.

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