The time has cometh for my weekly crypto price prediction.
Last month, I predicted that Ripple (XRP) would reach a price of at least $0.18.
Shortly after, Ripple started soaring (not what I expected per se), and is currently trading at $0.18.
Four weeks ago, I predicted that Basic Attention Token (BAT) would reach a price of $0.21.
Approximately two days later, this target was reached. BAT is currently trading at $0.22.
About three weeks ago, I predicted that SysCoin (SYS) would reach a price of $0.25.
Around September 5th this goal was reached. SysCoin is currently trading at around $0.17.
Last week, I predicted that Quantum Resistant Ledger (QRL) would read a price of $0.8 within one month’s time. We have yet to see of this prediction will come true.
Thus far you could have turned $1,000 into $1,541, if you followed my advice mechanically, and far more if you held and sold at the peaks.
In the course on the next week, SysCoin will reach a price of at least $0.20.
It’s currently trading at $.017.
This translates into a profit of roughly 18%.
SysCoin is undervalued, and the project (e-commerce platform) is starting to come apart.
Furthermore, after peaking at almost $0.35 on September 11th, it’s been on a downtrend. However, the price seems to have stabilized itself in the current zone, and after recovering from the China FUD earlier this week, it’s been trading between $0.20 and $0.16.
Also, SysCoin relatively recently introduced masternodes. This makes it far more attractive to investors, who are likely to hold long-term. It is reasonable to believe, that we have yet to see the full effect of this change.
SysCoin has an impressive 14th place on this list.
Although SYS may experience a small drop, it should – all else equal – reach $0.2 at some point during the next week.
Thoughts and comments are always welcome.
Please note that my predictions aren’t necessarily founded in any type of technical analysis, insider knowledge or anything but my personal current understanding of what a reasonable price level for the currency in question is.
Wanna get into crypto? Enter the market here (we both get $10):
https://www.coinbase.com/join/59713a28d9ffbc0096fa8593
My favorite song (yes, I wrote it and my wife, @emmacairo, performs it, but it’s awesome as hell):
https://emmacairo.bandcamp.com/track/in-it-for-the-money
(enjoy it while planning you next crypto investment – you’re welcome)