The cryptocurrency market has been characterized by its volatility. Throughout the incipient life of Bitcoin and its companions, the fundamental characteristic that differentiates digital assets from traditional markets has been the volatility of their prices, and as such, the possibility of obtaining great benefits in short and long and vis-a-vis.
Although the prediction of prices is not very accurate in any traditional or alternative stock market such as cryptocurrencies, there are some approximations based on fundamental and technical analysis that allows venturing into long-term projections, although this obviously can sometime show inaccuracy, as it has happened with great gurus of cryptocurrencies who have risked to project prices that never approached reality.
In this post, we will try to collect some projections for three cryptocurrencies – Omisego (OMG), DigiByte (DGB), Verge (XVG). Due to the possibility of adoption by the massive use of the Blockchain technology projected for 2019, we will be making a higher quotation in their respective markets for the years to come.
OmiseGo (OMG) Price Prediction for 2019
OmiseGo (OMG) is one of the most original blockchain projects within the top 31st of the cryptocurrency market. At the time of writing, the OMG/USD pair is quoted at $ 1.34, with a contraction of -3.88%. Its stock market capitalization is just a bit over $ 188 million, which places it in the 31st position in the global ranking according to CoinMarketCap.
OmiseGO (OMG) has great value since this platform is based on the Ethereum blockchain, and its ERC-20 OMG token are working to enable public open source peer financial systems, while interconnecting payment networks.
For the short term, the cryptocurrency is expected to maintain a price between $ 1.28 and $ 1.52 as immediate support and resistance points within 15 days. The cryptocurrency would likely to be maintained by Elliot Waves Correction between the values of $ 1.36 and $ 1.50.
OmiseGo (OMG) Price Prediction For 2020
It is presumed that 2020 will bring vital trends in the cryptocurrency market in general, so a rebound in the ecosystem is expected in the next two years. In the event that this is the case, OMG could rise in an estimated price band between a minimum of $4 and a maximum of $23.21, with a general average of $17 per token. A less optimistic forecast indicates that Omisego (OMG) might not be able to exceed the price of $10, even with bullish trends on the rise.
OmiseGo (OMG) Price Prediction For 2021.
Hopefully motivated by the possible adoption price of 2020, the cryptocurrency will double its prices by 2021. Its maximum price of 2020 should be a good support for the following year with prices ranging from $ 26.21 to historical maximums of the projected high at $ 75.86. Your average for 2021 will be around $ 51.03.
Digibyte (DGB) Price Prediction for 2019
Digibyte (DGB), a blockchain focused on cybersecurity for digital payments since 2014, is another cryptocurrency that is believed to have good performance for these next two years, motivated mainly by the adoption of the Blockchain technology for payments, based on this technology. Its strength lies in that it is one of the few cryptocurrencies that is embodied with high speeds as fast as 15 seconds of time per block.
At the time of writing, Digibyte (DGB) ranked the 39th largest crypto, thanks to its market capitalization which is just over $148 million. Its spot price per token is $0.0128, with an added value growth of 2.50% in the last 24 hours.
In the short term, the cryptocurrency projects a rise to average levels above $0.013 per unit in April. If the pattern of the drawn triangle is maintained, the rise will be consistent with some slight corrections for the end-of-year forecast price around $ 0.0295.
Digibyte (DGB) Price Prediction For 2020
Taking into account Digibyte (DGB)’s share of the total cryptocurrency market and expected growth of the market niche, it is estimated that the token will reach the price of $0.0313 by January 2020 and stay above this range to reach the maximum year value of $ 0.1118 by December 2020 .
Another more optimistic scenario would be that the cryptocurrency reaches the maximum peak of $ 0.26 for one year. This will depend on Digibyte (DGB)’s ability to contribute to the market and how much it can scale to be more adapted for more use cases.
Digibyte (DGB) Price Prediction For 2021
Based on what has been observed in the DigiByte (DGB) market so far in 2019 and 2018, the price that we observed with a sustained growth is a movement between $0.1 and $0.31 at most part of the year.
Although if we are to follow the prediction that DGB value will go as high as $20 for the year, this would mean that the cryptocurrency would only provide an equivalent $220 million market cap of the current market of cryptocurrencies in the next two years. This could be synonymous with a mere inflationary speculation without real support.
The DigiByte (DGB) roadmap does not show any major disruptive event that allows us to foresee a significant increase in market share equivalent to twice the entire ecosystem at this time of writing.
Verge (XVG) Price Prediction for 2019
The preferred cryptocurrency for the payment of pornographic services is among the most outstanding. Thanks to its $ 96 million of stock market capitalization, Verge (XVG) is located on the position 55th position of the general ranking. At the time of writing, the price is $ 0.006355, with a reduction of -1.02% in the last 24 hours according to CoinMarketCap.
For the short term, no large upward movement is expected for the cryptocurrency focused on the privacy of digital payments. Despite being adopted by adults in the adult entertainment industry, it has not achieved the levels expected in the last year.
Its immediate support is S1 ($ 0.00595) and its resistance at point R1 ($ 0.00657). A downward cut is estimated over the next nine days to point A ($ 0.0061).
Verge (XVG) Price Prediction for 2020
Analyzing analogously the share of this set of cryptocurrencies located in the middle of the top 100, with respect to the total market capitalization of the current market; it is estimated that Verge (XVG) will start 2020 in the order of $ 0.0214 and end with a maximum value of $ 0.0611 as long-term resistance.
This represents a vertiginous growth for the cryptocurrency. However, the worst scenario only projects growth of 0.123% by 2020.
Verge (XVG) Price Prediction for 2021
In relation to 2020, the growth will be sustained given the projected general adoption and the growth that the pornographic industry always maintains as well as evolving with new technologies for greater share of market share.
It is estimated that Verge (XVG)’s minimum for 2021 will be $ 0.0764 and its annual maximum will end at $0.022.
The less favorable scenario places it in a decline of up to -15% in relation to its current price of quotation obtained in March 2019.