Three Cryptocurrencies That Are Making Big Moves
Cryptomarket Wakes From Winter Nap
The cryptocurrency winter-of-discontent is coming to an end. After more than a year of bear market conditions activity is up across the board. The major currencies have all seen double digit gains over the past two months and more are on the way. While the entire market is moving, there are some tokens moving more than others, and likely to keep leading the market.
Ripio Price Forecast
Ripio is a lesser altcoin but one with real promise. It is the token powering a P2P Bitcoin lending program that allows users to buy BTC on credit. The token trades for a miniscule $0.025 per token but don’t worry, that low value is one of they keys to our success. When it moves it moves a lot. Ripio has, over the past week, more than doubled in value and looking like it is going to shoot higher. If the BTC rally continues as I think it will, it will drive interest in ownership of BTC and Ripio.
Binance Coin Price Forecast
Binance Coin has been making waves with the release of its plans to burn half of the tokens. Binance Coin is the native token of the Binance Exchange and being used in a number of ways. The planned burn, akin to a stock buyback, is Binance’s way of returning its profits to coinholders. Binance Coin, BNB, is up nearly 10% in the last 24 hours and more than 100% since the first of the year. This token is likely to move up to $22 real fast and that is echoed by a report that suggests BNB is so undervalued its “scary”.
Iota Price Forecast
Iota, token named Miota, is a revolutionary concept that uses an open-sourced concept distributed ledger technology. it works between devices connected to the Internet of Things and doesn’t require consensus so no miners are involved. The token has been moving up the ranks in recent months and looks like it is about to make a another move. Now trading at a major support level with bullish signals in the indicators a move higher is expected soon. A bounce from this level would confirm that outlook and likely take the coin up to $0.35 and $0.40 in the near-term.
