It seems that 2019 could be a good year Stellar lumens (XLM), the sixth largest digital asset in the encrypted market. There are many experts who believe that the digital asset could grow up to four times this year.
According to Crypto Briefing, a group of experts predicted that Stellar Lumens could increase up to 84% in January alone. This would bring the token price close to $ 0.21 before entering February. However, by the end of the year, this digital currency could reach over $ 0.41, an increase of around 260%.
Currently, Stellar lumens it is trading around $ 0.106 and has a market capitalization of $ 2.04.
This group of cryptocurrency experts has also provided good performances for other cryptocurrencies like Cardano (ADA). One of the six analysts in the group included Jimmy Song, a famous Bitcoin developer. According to them, Tron (TRX), Litecoin (LTC) and Dogecoin (DOGE) reported further drops in price.
After the publication of these forecasts, Bitcoin dropped again and is currently trading around $ 3,650. However, they believe that the most popular digital resource could close the year close to $ 7,000.
Also Ethereum (ETH) and EOS should also grow during this year. According to experts, these coins should increase by 55% and 77% respectively. However, in January they will continue to fall as the entire market.
Monero's money currency (XMR) will also grow by 31%. Even XRP, the second largest digital asset in the market, will grow this year, up to 44%. However, you will not be able to skip the bear market in January. Ben Ritchie, the COO of Digital Capital Management, commented on this year:
"Two things to consider in 2019 will be if we look at a decoupling of cryptocurrencies, since today they have been relatively similar: the second is the impact of traditional cryptocurrency markets: bitcoin will increase if S & P P goes down? "
He went on to say that these indicators show that, with the increase in participation in the network, the cryptography market will be stabilized and will begin to grow during this year. In addition, institutional products such as Bakkt and the approval of an ETF could have a positive impact on the price of virtual currencies.
The methodology used in this interview does not provide any clear answer on what will happen with the cryptocurrency market. Each of these participants had their own interest and reflected on the answers given.
Jimmy Song said that these were "more or less" random because it is difficult to predict what will happen without knowing what will happen in the middle.
[ad_2]Source link