How has the price of popular cryptocurrencies risen in the past few months? Find out now !!!
Bitcoin
Let's start with Bitcoin. Bitcoin continues to rise to maximum heights this week, hitting its record high at around $1800. Popular predictions assume to rise to $1900 in the next few days if this trend continues. One trend I have noticed is that Usd value has risen at the same time that bitcoin has risen. This may be an important trend to take note of as if Usd falls, it may have some direct correlation with the bitcoin market.
Ethereum
Ethereum is another very popular coin that has risen in the past month from around the low $60 all the way to as high as just under $100. There is very strong support for this market and currently, there is a likely hood that due to the strong upward rise of ETH, $100 tests may start and we may also see new highs again within this month, maybe even in the next 2 weeks. ETH has a very strong and positive backing which may be a very key point to take note of.
Ripple
Ripple, my personal favorite. Before April, trading prices were around $0.04 but recently, we have finally seen a spike in price up to $0.18. This one is very difficult for me to predict as it is constantly changing but I feel that it will keep surging in price to maybe $.25 to $.30 before significant changes occur.
What do you guys think? is this a bad time to invest in Bitcoin or should people buy a Bitcoin in fear that it may rise more or will we see a stagnation? Are you a strong backer of Ethereum? Why or Why not? What is your favorite currency?