Bullish Trend Continues for Major Cryptos: What’s the Best Cryptocurrency to Invest 2019?

Coinsource to install 20 Bitcoin ATMs across Washington following huge demand – Bitcoin News

It appears that the crypto market is back to being in a bullish mood after a period of unsustainable upward price movements. These market stats have led to many experts asking the question will crypto ever recover fully from the previous bearish season and attain the heights achieved in 2017? Hours ago the market turned bullish once again since the April 2 Bitcoin surge that drew the entire market upwards.

XRP (XRP) Price Today – XRP / USD

NamePrice24H %
ripple
XRP(XRP)
$0.00-0.80%

Positive Price Movements Among the Major Coins Today

Today’s trade has seen the crypto market trend continue in its bullish trajectory, with many positives observed in leading digital currency Bitcoin (BTC). Others including Ethereum (ETH), EOS, Bitcoin Cash (BCH), XRP, Tron (TRX), Cardano (ADA), and Binance Coin (BNB) also showed gains. It appears the rest of the crypto market will continue in this positive direction in the near term at least. Let us consider an analysis of some of the coins mentioned above. That way we can determine the best cryptocurrency to invest 2019.

Bitcoin Cash Price Prediction 2019

In the Bitcoin Cash price, we can see that there was a downside correction recently. The correction occurred at beneath $300 level. We can also see that the BCH/USD pair went on to test the $285 and $290 levels which are both support positions. The pair is currently moving higher and nearer $300. The chances are high that it may continue to increase in this manner in the near term at least.

If there’s a proper close above $300, then there’ll probably be more gains at $310 and $315. Looking at the downside, we can see the key support position at $185. Below this position prices could move to $275.

Tron Price Prediction 2025

What’s Tron’s price prediction for the long term? Tron price is now grinding higher. It has already broken $0.0285 and $0.0290 both resistance positions. The TRX price has moved above $0.0300. It will likely continue rising towards $0.0312 and $0.0315 both resistance positions with $0.0290 a key support area. It’s bearish currently.

EOS and Cardano (ADA) are Up By 5% and 2% Respectively

The EOS price is gaining traction above $5.50 and $5.60 both resistances. The EOS price has gained 5% as it trades above $5.70. If buyers stay active, the EOS price will likely to revisit $5.90 and $5.90 both resistances in the near term. Another main resistance is near $6.00.

The Cardano price has gained 2% today as it trades above $0.0850. The price will likely move further towards $0.0900 and $0.0950 with another main resistance at $0.1000. A position where buyers will likely face strong selling interest.

Market Capitalization of Bitcoin Cash (BCH), EOS, Tron (TRX), Cardano (ADA) and Bitcoin (BTC)

There’s a rejection near $178.0B and $178.4B. The total market cap later corrected lower before starting to trade above $165.0B which is a support and bullish position. As long as $165.0B remains intact, the total crypto market cap will likely reach $178.4B.

The next hurdles will be at $180.0B and $184.0B. Overall, the sentiment is bullish, with higher chances of more gains for the BTC, ETH, XRP, TRX, ADA, BCH, LTC, EOS, XLM, and IOTA in coming trade sessions. Regarding picking the best cryptocurrency to invest 2019 obviously all tokens have made gains as the bullish atmosphere remains in place. It is up to you to decide from the market trends.

 

 

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.