Crypto prices should range this weekend. Recent Asian Profit Taking before the holidays and some major blockchain conventions happening in San Francisco and Miami should help price find some stability this weekend. Here is a look at Coinbase Cryptos.
Litecoin is currently $188 usd.
Weekend Forecast: RANGE. Between $205 and $140.
Reasons: MacD and RSI are not in unison. RSI showing bearish signs. MacD not convincingly bullish. Moving Averages are sweeping down upon price. Previous price history support is now resistance.
Intangibles: Still the fastest and cheapest Transfer of Value between exchanges and transactions. Highly active development team. Undervalued price has room for growth.
Ethereum $1027 usd
Weekend Forecast: BEARISH RANGE between $1120 and $780.
Reasons: Bearish MacD & RSI on the daily candle. Currently in the upper area of a large range margin. Bitcoin, Litecoin, Ethereum are moving somewhat in tandem at this time. Crossover in the moving averages. But Ethereum could dip here based on large expectations on the protocol combined with a higher price that could send investors into ICOs and cheaper investments with higher ROI.
Intangibles: Still the leading Protocol for future blockchain projects. Neo, Nxt, Waves, are a few who currently have the same capabilities. Cardano and EOS claim superiority but have not fully launched yet. Steem's Smart Tokens have not fully hit the market yet. Even so, Ethereum continues to evolve and should remain a strong investment longterm.
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Bitcoin $11300
Weekend Forecast: BULLISH short term, $12750. BEARISH longterm, $8000 by early Februrary.
Reasons: Daily MacD and RSI are bullish. Price rejected recent lows and currently supported by the 100 Moving Average. However, Bearish crossover in the moving averages. Previous support is now resistance. And there is still a simple trendline being respected in a bearish momentum to $8K. Combined with institutional calls by Warren Buffet, that institutional traders will listen to, price could continue slowly down. This is great news for investors.
Intangibles: Still the face of blockchain. Still heavily influences price of all crypto. Still the only one being traded within legacy markets.
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Win SBD Rewards from This Post.
Predict the price of Bitcoin, Litecoin, Ethereum.
Predict what price will be for Friday Morning, 8am Eastern/7amCentral/6amMountain/5amPacific.
Winners will be announced here @jacobts LIVE on my livestream.
Contest Rules:
- Upvote this post. Resteem.
- In one unedited comment, list your prediction for what you believe will be the price of Bitcoin, Litecoin, Ethereum on Friday January 26 at 8am Eastern time.
- Submissions end WEDNESDAY January 24.
WINNERS:
First Place ~ 40% of SBD from this post.
Second Place ~ 15% SBD from this post.
Third Place ~ 5% SBD from this post
Winners will be rewarded as soon as payout for this post happens in 7 days.
ACORNS | Coinbase | SteemSpeak | OpenLedger
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For example, this is my entry.
January 26 8am Eastern Time
Bitcoin ~ $8,000
Litecoin ~ $180
Ethereum ~ $800
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January 26 8am Eastern Time
Bitcoin ~ $11,916
Litecoin ~ $207
Ethereum ~ $907
Eos ~ $16
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Right on. EOS to be added to coinbase confirmed! ;)
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@jacobts thanks for sharing this information.
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Thanks @jacobts for this prediction challenge!
My predictions for Bitcoin, Litecoin, Ethereum on Friday morning
1 BTC = 0.896 USD
1 LTC = 0.01295 USD
1 ETH = 0.3229 USD
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January 26 8am Eastern Time
Bitcoin ~ $10,230
Litecoin ~ $154
Ethereum ~ $970
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BTC 12300, ETH 1340, and LTC 255. Nice post, info was quick and to the point. This market is gonna take off soon.
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BTC will be $13200, LTC will be $198 and ETH will be $1080 :)
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I'm truly entriged by your report and i kindly ask for your tutorial
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Well the contest end on my birthday so I'm in. Maybe I'll had a second reason to celebrate.
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It is a message for all steemians.
Thanks for your valuable and informative post.
We can gather a lot of information by your post.
By dint of we can increase our skill that is beneficial for all steemians.
I will always visit your site & wait for your upcoming post.
Thanks .
@Resteem done.
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Bitcoin = $12900
Ltc = $180
Ethereum = $1100
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Thanks for the predictions @nabstertsr
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Very nic
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Ok my predictions are the following for Friday January 26 at 8am Eastern time:
The price of Bitcoin - $11 800;
The price of Litecoin - $240;
The price of Ethereum - $1100.
Thanks.
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