December cryptocurrency forecast report: Tron (TRX), Litecoin (LTC) and Binance Coin (BNB) forecasts to continue the crisis, but other currencies could recover

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  • Price comparison site finder.com publishes the December Cryptocurrency forecast survey, with a forecast of 11 coins

  • Panelists provide reflections on the recent fall, cautiously optimistic for some coins in December

  • Forecasts for Binance Coin (BNB), Litecoin (LTC) and TRON (TRX) will fall further

  • Stellar (XLM), Cardano (ADA) and bitcoin (BTC) have forecast an increase

Experts on personal finance comparisons, the latest monthly survey on the cryptocurrency predictions of the finder.com website provide their thoughts on the latest decreases in the last week of November, expressing a cautious position for most of coins in December.

It is not set to be a positive month for Binance Coin (BNB), Litecoin (LTC) and TRON (TRX). It is expected that all coins will fall even further by December 31, with Binance suffering the biggest drop of -32 percent. This is followed by Litecoin at -13 percent and Tron at -12 percent.

Commenting on the prospects of Litecoin, Alisa Gus, CEO of WishKnish, said: "It's not nice for [Litecoin], especially considering that it is positioning itself as a currency of financial transactions, yet Ripple and Stellar are dominating that market. "

However, panel participants expect some coins to make strong recoveries. Stellar (XLM) and Cardano (ADA) are expected to increase by 100 percent in the next few months to $ 0.28 and $ 0.06 respectively. Explaining his logic behind Stellar's anticipated rise, Evercoin's Miko Matsumura said he has a "muscular ecosystem" and "many deep bonds with industry and business".

There is also a significant increase in Bitcoin (BTC), up by 81%. Despite the fall of $ 3.587 on November 25, 2018, panelists in the Finder survey predicted that the currency could recover at $ 6,778 as of January 1, 2019.

The panelists provided diversified projections for the value of bitcoins in the following month, with five of the nine panel members forecasting predictions of more than $ 5,000, while four panel members predict that the currency will be valued at or below US $ 4,000. by January 1, 2019. This includes Fred Schebesta, CEO and co-founder of HiveEx.com and Finder.com, which gave the lowest panel prediction of only $ 1,800 for January 1, suggesting that it will not a recovery for the next year.

The nine members of the December cryptocurrency forecast report include:

  • Craig Cobb: founder of TraderCobb.com, designed to educate people about cryptographic commerce in a simple, easy and logical way

  • Alisa Gus: CEO of WishKnish, a network of social network gambling blockchain aimed at helping communities grow and a founding member of the DC Digital Economy Hub

  • Fred Schebesta: co-founder of the global comparison site site finder.com and the OTC cryptocurrency trading platform HiveEx.com. Award-winning entrepreneur

  • Joerg Molt: CEO of Satoshi School, launched to teach people the basics of blockchain technology and how they can benefit from the speed and efficiency of the currency

  • Miko Matsumura: Founder of Crypto Exchange Evercoin, and is a member in general with Gumi Cryptos Capital

  • Desmond Marshall: founder of Rouge Ventures, the main investor platform in Asia. He is also a new technology blockchain expert and ICO consultant

  • Toby Allen: Senior Partner at Akuna Capital, previously a trader at Optiver

  • Muneeb Khan: Head of Trading and Treasury at Bit Trade, a digital currency trading company and blockchain advisory

  • Sarah Begstrand: COO of BitBull Capital, a crypt hedge fund focused on research on encrypted markets and asset management

Full details of the survey, complete with comments from panel members, can be found here: https://www.finder.com/uk/cryptocurrency-predictions

Jon Ostler, British CEO of finder.com, said: "The end of November marked major changes in the cryptocurrency market, particularly for bitcoins, which saw its value almost halved between November 14th and 25th. they saw larger drops than others, but all the top ten coins of capitalization have fallen and continue to fall.

"Our panelists have been cautiously optimistic this month, and while the average forecast suggests that the market could recover by January, some of our panelists have noted that it may fall further." Last week, once again demonstrated the volatility of market While our panelists' predictions provide interesting insights, this month really shows that when it comes to cryptocurrency at the moment, all bets have been canceled.

"As such, by reading this report, people should always remember the intrinsic volatility of the market, always do your research and make financial decisions based on your personal financial circumstances."

For more information on Finder's cryptocurrency predictions, visit https://www.finder.com/uk/cryptocurrency-predictions.

Finder Information:

finder, the comparison site n. 1 in Australia, launched in the United Kingdom in February 2017.

Founded in 2006, the research company has over three million UMs and has helped consumers make 15 million decisions in the last decade.

finder is completely independent, offers users impartial content, comparisons and, where possible, a complete view of the market.

Much more than just a comparison site, finder provides detailed guides, tips and editorial content to help consumers better understand all the options and products available.

Committed to educating and empowering consumers to make informed choices and ultimately to make savings, Finder's success is based on providing up-to-date and relevant information provided by dedicated, ongoing research teams.

The categories currently available in the United Kingdom include money transfers, travel money, gas and electricity, mobile telephony, broadband and streaming TV. The new products (including insurance, credit cards, loans, mortgages and pensions) will be launched in the coming months.

Finder now operates in 10 countries, including: the United Kingdom, Australia, New Zealand, the United States, Canada, Hong Kong, Singapore, Chile, Spain and Mexico, and employs over 120 people worldwide.


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The writers and authors of CapitanAltcoin may or may not have a personal interest in any of the projects and activities mentioned. None of the contents on CaptainAltcoin is an investment advice, nor does it replace the advice of a certified financial planner.
The opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com

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