Crypto Price Predictions: Litecoin (LTC), EOS, Tron (TRX), And Monero (XMR) – Profitability In The Short/Medium Term
2019 brought more positivity in the crypto market after a 2018 which left the market missing a huge chunk of its market cap.
Now, things seem to be moving in term of prices, and according to experts, Bitcoin has already hit bottom.
There are a few coins which look bullish in the short term, and they include EOS, Tron (TRX), Litecoin (LTC) and Monero (XMR).
Todaysgazette reports that TRX is struggling to recover and it looks to have a bullish trend for the next 15 days.
They write that “In the medium term (> 1.5 months), the cryptocurrency does not present a good overview, assuming a contraction to levels below $ 0.0225- $ 0.02215.”
The same online publication writes that according to indicators, LTC’s present value is a product of a price correction and “its next levels are in points R1 ($ 48.25), R2 ($ 48.68) and R3 ($ 49.11) for an estimated period within the next 15 days.”
The online publication also notes that the worst scenario is LTC to return to the levels of $43.39 in April/May.
EOS has a short-term yield of about 24% if it manages to stay above the support level of $3,4874. “Its worse scenario projected in the medium term is for levels of S2 @ $ 2,7583,” according to Todaysgazette.
Now, XMR is trading in the red, but price predictions are bullish.
Smartereum is quite bullish regarding price predictions for the privacy-oriented coin. They see XMR reaching $650 this year, and the five-year forecast is around $2000.
Bitcoinexchangeguide also reported that XMR long-term outlook is in a bullish trend.
It’s recommended to buy XMR at pullback areas, especially since the long term predictions for the coin’s price look bullish, according to more analysts.
The whole crypto market has been doing better in 2019, and the crypto space is getting ready for mass adoption.
More and more achievements are paving the way for crypto mainstream adoption.
Andreas Townsend Author
I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.