Bitcoin, Ethereum and Ripple Surging Solid-Green on the Price Chart. The top three cryptocurrencies are seeing a fortunate time after a long period of decline. Informationistan has also predicted that ripple will see a growth in its value in its blog http://informationistan.com/ripple-all-set-to-become-a-top-cryptocurrency/
Investing in the hot cryptocurrencies needs a smart estimation and logical predication which eventually becomes rewarding. To pocket the profit from the crypto market, you need to remain updated about the recent and upcoming developments taking place in the digital world.
Bitcoin, Etherium and Ripple, the three giants are growing in value in the early days of April and are expected to surprise the analysts by reaching unexpected heights on the price chart. Bitocin has been predicted by Tom Lee to reach $25000 in 2018.
Bitcoin, Ethereum and Ripple Surging Solid-Green on the Price Chart
This blog is a food for thought for the Pakistani crypto traders to invest for getting the maximum return.
Bitcoin is predicted to reach $25000 in 2018
Earlier this week, Bitcoin’s price crossed $8000 and witnessed a massive growth in buy volume on all the crypto exchanges. Wall Street Analyst, Tom Lee predicted that Bitcoin is expected to reach $25,000 in 2018.
Lee said “We still feel pretty confident that bitcoin is a great risk-reward and we think it could reach $25,000 by the end of the year,”
The value of the bitcoin has crossed $8000 in just 3 days from $69,000. This increase records 15% growth in this week of April. The bitcoin seems to gain a momentum that could prove to be sustainable to influence a steady growth. This prediction could turn realistic if the value keeps growing and wining the trust of the investors.
It has already crossed $20,000 in December, 2017 and majority of the investors did not withdraw their profits which show that they are not in for a short term trade. Bitcoins traders in Pakistan should invest a portion of their fortune in the currency to take their profit share.
Ripple is having a good week
This week has proved to be one of the best performing sessions for Ripple where it added $62 billion to its market value. The total market value has crossed $131 billion. It has even outperformed Bitcoin with a 16% increase in its value. Today, ripple is valued at 0.663743.
We had predicted that ripple will increase in its value and that it is a good investment opportunity for the crypto traders.
Etherium breaks above $500
It is nice to see that all the top three cryptocurrencies have eventually started performing well in the exchanges. Etherium has crossed $500 mark for the first time since March 26. This coin is 22% higher in value in a very short period of time and currently selling at $513.
After seeing these digital currencies solid green on the chart we tend to link this uptrend to the recent Fatwa.
This is the high time for the traders to jump into this market when it’s most rewarding. The likelihood is that the upward trend will steadily grow. The probability for the top digital currencies to sustain the value is high.