• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News
    mining

    Increased Demand Requires Increase in Nodes. Here’s Everything You Need to Know About Bitcoin Mining During Lockdown

    Bitcoin wallet

    BitcoinOfficial.org- Create a Bitcoin Wallet. Official Website.

    Bitcoin price

    What Drives Bitcoin Price?

    Mining

    Railway Authorities in Ukraine Shut Down Unlawful Mining Outfit

    Bitcoin

    Economic Crises Will Not Affect Bitcoin: Ledger Founder

    Supply and Demand

    Bitcoin’s Demand and Supply Dynamics are Constant: Bitwise COO

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar
    price prediction

    Bitcoin, Ethereum, and Ripple Price Prediction in June 2020

    XTZ

    TEZOS (XTZ) Join the Top 10 Crypto Coin List

    MakerDAO

    MakerDAO to Implement New Security Feature After Loophole Detected in System

    BCH

    BCH Successfully Completed a Scheduled Fork, Added Minor Upgrades

    CUSD Stablecoin

    Canadian BVCI Launches Another Stablecoin CUSD

    EOS network

    EOS Network Is Running on Borrowed Resources After EIDOS Airdrop

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    best crypto airdrops

    List of the Best Crypto Airdrops for July 2022

    How to Withdraw Money from Crypto.com

    How to Withdraw Money from Crypto.com

    4x.fm

    4x.fm Launches a New Copy Trader Technology

    best mining motherboard

    Best Mining Motherboard for Cryptocurrency in 2022

    Where to Buy Evergrow Coin

    Where to Buy EverGrow Coin – A Complete Beginners Guide

    how to buy safemoon on bitmart

    How to Buy Safemoon on Bitmart – A Complete Beginners Guide

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Bitcoin, Ethereum, and Ripple Price Prediction in December 2019

Anca F. by Anca F.
December 13, 2019
in Cryptocurrencies

Bitcoin, Ethereum, and Ripple are currently the top three cryptos on the market. Let’s analyze some of their past prices in order to come up with a price prediction for these coins for December 2019.

Image result for bitcoin ethereum ripple

Bitcoin Price Prediction: Analysis

Bitcoin logoNovember proved to be very bearish for Bitcoin, and it seems the coin has started December with the same downtrend. Bitcoin fell from $9,000 values and traded in the latter part of the month between $7,000 and $7,800.

December saw the coin trading at $7,500 and continued the bearish trend as until December 6th, the coin was trading at around $7,200. There were some signs of recovery afterward, as BTC climbed back up to $7,500 the following day and traded around that range until December 9th.

Again, the coin started losing its value. Today, December 13th, Bitcoin is trading at $7,265.21. A possible correction may push the coin to $7600. If it fails to do so, Bitcoin could reach the November low once again.

The latest price rejection hints that there could be a bullish action in the making that could allow buying to $7500 and $7600. Still, the coin needs to break the channel at $7300.

Short-term, Bitcoin looks bearish, and if BTC fails to break $7300, the downward trend may continue.

Bitcoin Price Prediction: Market Opinions

Longforecast

Longforecast predicted that the coin will trade at $7,506, with a maximum price of $7788, a minimum price of $6124, and an average for the month at $7065. The site also predicted that the coin will close the month at $6842, change for December -8.8%.

Digitalcoinprice

Digitalcoinprice predicted that in December, Bitcoin will have a price of $11,782.65, with a change of 63.51%.

30rates

30rates projected that Bitcoin will have on December, 31, a minimum price of $6208, a maximum of $7142, and a closing price of 6675 dollars a coin.

Coinswitch

Coinswitch made a very optimistic Bitcoin price prediction, estimating that BTC will reach $23,500 at the end of the year.

CoinPredictor

CoinPredictor forecasted that by the end of 2019, BTC will be trading at $11,335.05, with an increase of 9.9%.

Beincrypto

Beincrypto forecasted that for December 31, 2019, they obtained different prices by using two methods, with one resulting in a price of $10,600 and the other $8780.

Ethereum Price Prediction: Analysis

Ethereum logoEthereum is also started December on a bearish note. ETH started the month at $152, but now, December 13th, it has trouble maintaining itself at this resistance level. On December 4th, Eth dropped beneath the previous December support at $145 and continued to make a new low at $140.

Since December 10th, ETH has been trading between $140 and $148, failing to get back to $150.

If Ethereum were to go lower than $140, the bearish pressure would push the price to $133.50 (November lows). In order for the coin to see a bullish recovery, the cryptocurrency needs to rise and break the $158 level.

Below $140, initial support is expected at $137 and $133.50. Added support is set at $130 and then at the lower limit of the descending channel. Otherwise, an initial resistance is set around $145.90. Above this value, strong support has been calculated at $152, $158, and $165.

Ethereum Price Prediction: Market Opinions

Longforecast

Longforecast predicted that ETH would have a price of 151 Dollars, a maximum price of $153, a minimum price of $121, and an average price of $139 for the month of the December. The site also calculated that Ethereum would close the month at $132, change for December -12.6%.

30rates

30rates’ Ethereum price prediction is that on December, 31st, Ether will have a minimum price of $129, a maximum price of $149, and a closing price of $139.

CoinSwitch

Coinswitch’s Ethereum price prediction forecasted that ETH would reach the $1449 level at the end of 2019.

Ian McLeod

Technology expert of Thomas Crown Art, Ian McLeod, predicted that Ethereum might reach something more than $500 by 2019.

Nigel Green

CEO Nigel Green of the deVere Group forecasted that Ethereum would hit a price of $2500 by the end of 2019.

TradingBeasts

TradingBeasts’ Ethereum price prediction for the end of the year is $908, with the average price fluctuating around $650.

Digitalcoinprice

Digitalcoinprice predicted that in December 2019, Ether will have a trading price of $225.95, with a change of 57.39%.

Ripple Price Prediction: Analysis

Ripple logoXRP started December at $0,226466, showing a slight recovery after, in November, it traded around $0.221-$0.23 support levels. However, XRP started declining the next day and dipped below the $0.22 level. Until December 5th, XRP struggled to get back to $0.22, but then it broke past successive resistance levels until it reached the newest month high of $0.23 on December 8th.

However, XRP failed to maintain these new values and began slipping again to $0.22.

On December 11th, the Ripple cryptocurrency opened the day at $0.223. The price traded to $0.224, but then it slipped to $0.220 by 1.66%. Also, on December 12th, the currency started the day with a small increase, but then Ripple dropped down to $0.217 by 2.54%. The intraday trading activity of Ripple is speculated to remain uneventful, and the price movement shows no signs of recovery.

If Ripple price manages to get past the $0.2200 resistance level, it could climb back to $0.2240 resistance area (the previous breakdown zone). Should the coin increase past this level, it could reach a $0.2320 resistance level.

But if the coin goes below $0.2200 resistance, it will establish initial support near the $0.2160 and $0.2150 levels.

It seems that XRP is currently in the bearish zone below the $0.2240 and $0.2200 levels, so it is speculated that the price will fall to $0.2100 unless XRP closes above $0.2240.

Ripple Price Prediction: Market Opinions

Longforecast

Longforecast predicted that XRP will have a starting price for December of $0.22. The site estimated that XRP will have in December a maximum price of $0.25, a minimum price of $0.20, an average of $0.22, and a closing price of $0.21, which signifies a drop of -4.5%.

30rates

30ates’ Ripple price prediction is that on December, 31st, the coin will have a minimum price of $0.198, a maximum of $0.228, and a closing price of $0.213.

TradingBeasts

TradingBeasts’s XRP price prediction is that by the end of 2019, the coin will have a trading price of $0.347.

WalletInvestor

WalletInvestor believes that in December, the coin may drop to $0.04.

Digitalcoinprice

Dgitalcoinprice’s forecast for December 2019 is that XRP will have a trading price of $0.35671681, signifying an increase of 61.62 %.

The Daily Express

UK tabloid newspaper, The Daily Express, forecasted that XRP could surge to $5.06 by December 31st, 2019.

Conclusion

We hope that our Bitcoin price prediction, Ethereum price prediction, and our Ripple price prediction will be of help in your future trading endeavors.

Featured image: Yahoo

Tags: Bitcoin price predictionBTC price pedictionether price predictionEthereum price predictionRipple price predictionXRP price prediction
Previous Post

TEZOS (XTZ) Join the Top 10 Crypto Coin List

Next Post

Best Ways to Avoid Paying High Fees on Different Exchanges

Anca F.

Anca F.

Invest at your own risk notice : The information on this website and the links provided are for general information only and should not constitute any financial or investment advice. We strongly recommend you to conduct your own research or consult a qualified investment advisor before making any financial decisions. We are not responsible for any loss caused by any information provided directly or indirectly on this website.

Related Posts

best crypto airdrops

List of the Best Crypto Airdrops for July 2022

by Aggrey A.
July 1, 2022

Another month is here, and crypto enthusiasts have another opportunity to claim themselves airdrops that are active in July. This...

Where to Buy Evergrow Coin

Where to Buy EverGrow Coin – A Complete Beginners Guide

by Aggrey A.
June 20, 2022

Where to buy EverGrow coin? the answer is here. There has been exponential growth in the cryptocurrency market, leading many...

How to Buy Elongate

Where and How to Buy Elongate – Beginners Guide

by Aggrey A.
June 9, 2022

How to buy Elongate, and where to buy this coin? The answer is right here. Elongate began its trading journey...

usd coin price prediction

USD Coin Price Prediction 2022: Market Analysis and Opinions

by Aggrey A.
May 9, 2022

USD coin was launched in 2018 as a product of Center Consortium and supported by Coinbase and Circle Internet Financial,...

JASMY price prediction

Jasmy Price Prediction 2022: Market Analysis and Opinions

by Aggrey A.
May 5, 2022

Every day things are coming online. It is not just computers and mobile phones anymore, making this Jasmy price prediction...

rvn price prediction

RVN Price Prediction 2022: Market Analysis and Opinions

by Aggrey A.
April 26, 2022

Things are moving fast in the crypto world, but RVN price prediction has fought-off many paradigm-shifting challenges to emerge as...

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

Guides & Reviews

best crypto airdrops

List of the Best Crypto Airdrops for July 2022

July 1, 2022
How to Withdraw Money from Crypto.com

How to Withdraw Money from Crypto.com

June 29, 2022
4x.fm

4x.fm Launches a New Copy Trader Technology

June 27, 2022
best mining motherboard

Best Mining Motherboard for Cryptocurrency in 2022

June 27, 2022
  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.