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The Crypto markets have begun to show pity this weekend thanks to the best tokens that now trade in the green. The report indicates that the price of Bitcoin (BTC), XRP and Ethereum (ETH) is in the green at the time of printing. Bitcoin increased by 1.11%, XRP 1.10% and Ethereum 2.81%, respectively. Because the Litecoin (LTC) and BitcoinSV brands have started to show signs of bullish momentum. Litecoin (LTC) has increased by 8% in the last 24 hours.
Price Ethereum (ETH) today – ETH / USD
2018 has not been quiet for digital resources. The last three months have seen the shock market operators with the 3 hours months long side price movement only to break down further at a given time. Many traders and experts have tried to call a fund, but in reality the cryptographic market is unpredictable. Nobody can know what the future holds. In times like these, it is better to take things one day at a time and appreciate the bullish moment, no matter how short or small.
A Rebound is probably given these considerations:
Regardless of Bitcoin's performance, we could soon see the season alt. You can only hope that his prediction will come to light. The most likely triggers include:
- BTC rebounds, the altseason begins.
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BTC remains flat, the altseason begins.
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BTC goes down more, the altseason starts.
Upcoming developments in Ethereum that can reshape the future
Interestingly, Ethereum (ETH) is working to implement ProgPow. A new mining algorithm specially designed for GPU miners. With the launch of Constantinople just around the corner, the reward of the block is set to fall. For this reason, the developers of Ethereum (ETH) are looking for ways to eliminate ASICs to bring back some profits to consistent users using GPU mining facilities. If ProgPow will be implemented or not remains to be seen, the issue is still debated.
One of the reasons why the price of Litecoin could gradually increase compared to other digital currencies is because the first litecoin lightening node was launched two days ago. This was reported by CoinGate on December 13 that Litecoin's Lightning node is now ready for implementation.
But what's in store for Crypto in the future?
While many traders remain optimistic about the future of virtual currency markets, others are becoming increasingly skeptical about it. Especially now that the ICO model has been ruled out, downsizing solutions are now a nightmare to which no one cares, and the encrypted markets are falling to new lows every day many wonder if this is the end of cryptocurrencies. Will the market ever be able to rebound early and will we see Bitcoin returning to its top 10,000 in 2019?
The fact is that no "expert" can correctly predict the future. However, we can look at technical indicators, previous market actions, developments in space and arrive at our conclusions. Killer apps can play a role here, including Zombie Battleground, OpenBazaar, Steemit, DuckDice and Purse.IO. These apps show the beauty and use of Blockchain technology. As long as we can not guarantee that the average user will start using Blockchain-based apps, the cryptographic space will remain in this state.
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