This Week Forecast For The Top 10 Cryptocurrencies (May 27- June 2) + A Bonus
Before getting into the meat of this post, these are just speculations and predictions that are not wholly based on technical analysis (which does not, in fact, make any predictions more accurate than just guessing what will happen in the future) or any other signals or mathematical indications. With certainty, these predictions, I think might happen with a seventy percent probability meaning that I, like everyone else, might get these predictions wrong so don't flame me.
Also please note:
➤ This is not financial advise.
➤ I am not responsible for how you will spend your money.
➤ Be cautious of these projects. Do your own research and make your own decision.
➤ Lastly, use your gambling money to pay for these projects. Do not use your money that can cover bills, food, school, rent, mortgage payment, gas and other needed daily spending.
With that said, lets get into my predictions for week:
⇝ Bitcoin- not going to drop below $6,750. It might pump a little for this week with the highest possible being at $8,223.
⇝ Litecoin (despite numerous businesses adopting it as payment and having more hash power than Ethereum )will continue with its crab movements. Do not expect more than 0.017 BTC for this week. It will not fall below 0.01440 BTC.
⇝ Ethereum will settle below 0.0853 BTC and move above 0.0732 BTC.
⇝ Ripple whose team loves to hype up this centralized coin might get a small bump up to 0.000105 BTC during the first half of this week and will never touch below 0.00007526 BTC as a result of that BlockShow Europe event in Berlin.
⇝ Bitcoin Cash might go as high as 0.1726 BTC and as low as 0.12926 BTC.
⇝ EOS could reach 0.00207 BTC between now and its EOSIO v1 release next Sunday. It might stay above 0.00139 BTC.
⇝ Stellar might go as low as 0.00003489 BTC and stay within a narrow range. As result, the most I can see it going to for this week is 0.000042 BTC.
⇝ Cardano due to some hype from their K-EVM testnet release on May 28 might reach a price of 0.00004300 BTC and could fall to as low as 0.00002500 BTC.
⇝ This week is for all Tron enthusiasts and bagholders. Being a hype-fueled coin, Tron might blow up in price sometime in this week. With two main events for the week (namely the IDAX exchange listing on May 28 and Main Net Launch on May 31), expect the price of this cryptocurrency to climb to as high as 0.000015 BTC but will less likely to go below 0.00000850 BTC.
⇝ IOTA might go to as low as 0.00018 BTC and could reach a high of 0.00025 BTC. No huge announcement for this cryptocurrency.
These are conservative estimations factoring the sentiment of the market at the time of this writing and the willingness of the bears to short the price that low before the bulls resist them. Some or even all of these could end up being wrong, just because they are off by a few tens, hundreds and thousands of satoshis. Bear with me.
Now for the bonus.
The following cryptocurrencies that is listed below could gain anywhere from 17 percent to 60 percent this week despite this stagnation in price movement across the board:
🔃 BitBay
🔃 Oyster
🔃 Ethereum Classic
🔃 Zlancer
🔃 Electroneum
🔃 WaykiChain
🔃 iExec RLC
🔃 Steem
🔃 Golem
🔃 Nano
I hope you all had a great weekend. Remember to be fantastical, take it easy and always... always secure your seat on the Moon Express.
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Until next time.
Later.
