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Price comparison site finder.com has released its January Cryptocurrency Predictions Survey including forecasts for the end of 2019, with 11 coins forecast.
- Nearly all coins expected to fall by February 1, 2019
- TRON (TRX), Dogecoin (DOGE) and Litecoin (LTC) to experience biggest drops
- Stellar (XLM) and Cardano (ADA) are the only coins predicted to increase this month
- Bitcoin (BTC), Cardano (ADA), and Stellar (XLM) top coins picked for 2019
Experts have shared their 2019 forecasts for eight of the top 10 coins by market cap, as well as the top three trending coins, Monero, Dogecoin and NEO.
Nearly all coins are expected to fall over the next month, with the exception of Cardano and Stellar, which are expected to increase by 43% and 84%, respectively.
TRON, Dogecoin, and Litecoin are set to experience the greatest drops by February 1, 2019, with forecasted falls of 52%, 47%, and 35%, respectively.
While nearly all coins are predicted to decrease over the next month, five of these falling coins are anticipated to recover over the next year. This means that over the course of the year, a total of seven coins are predicted to increase in value.
The coins predicted to see the greatest growth in 2019 are Stellar, Cardano, and Bitcoin, with forecasted growth of 260%, 91%, and 84%, respectively.
Bitcoin is splitting opinion among the panelists, with a predicted decrease in value of 7% this month. However, the panelists expect the coin to recover to $6,947 USD by years-end.
Alisa Gul, CEO of WishKnish, believes the fact that “the bearish pressure on the global stock market doesn’t seem to have a lasting effect [on price],