2021, What The Crystal Ball Say
2020 is just a history page now, a grey one and hard to remember for some, and a one full of good opportunities and revenues for others. It depends on what side of the karma you are. OK now, we're not on some political or spiritual forum in here so lets cut the crap out.
This one marks as my first post of 2021 and feeling quite hyped and confident about the year, I will do a crypto price prediction one. I haven't had anything similar in quite some time. It's bull market time, BTC is doing great, it might nail some famous price predictions this year and it will probably peak for this bull market as well, so lets have a look at what I forecast for its 2021 highest highs.
No TA in here guys, you know me, I'm just analyzing psychology most of the times and paying attention to my gut feeling. I would also appreciate if you'd share some price predictions you have for some of your favorite cryptos for 2021.
First on my list is BTC and in its regard it has managed to exceed my expectations for 2020. I honestly haven't even imagined it will reach $29,000 but it did. I believe it will reach its bull market peak somewhere in the fall of this year and it will probably be something like $150,000. The way I see/feel it, once it passes over $50k it will add up grand after grand quite easily.
ETH will be among the best performers in this bull market and there are quite a few reasons, fundamentally speaking, for it to do good, but I still believe we have price actions that have no fundamental backing at all in this bull market and thus I won't mention any of them. All I can say it's that imo ETH will get to around $3,000 when it will peak. $5,000 seems too much to me tbh...
Ripple is in deep shit, or at least that's what the SEC is saying but XRP is not dead, not imo. Honestly I don't care if it dies or not, but knowing how dumb money act it is far from dead. Yes it's being delisted, some other exchanges besides the ones already announced will join the trend, but it's not gonna die. It will probably never get to its previous ATH either, but I still see it at around $1.5 as a 2021 peak. Don't underestimate the XRP army and FOMO.
Litecoin is one of my favorite and my price prediction for it might be biased, but I try to be as lucid as possible. It was worth $360 when it peaked in 2017 and its founder managed to sell the top back then. This year will for sure break its previous ATHs and my take it that $1,000 is manageable. It has a lot of exposure, the digital silver stigma, and still a top ten crypto.
I'm taking XMR into consideration for this price prediction as well, as I am not that attracted to it. Don't really know why, but for the moment it holds well, it has recovered a lot of ground since its previous peak bottom fall and it will probably be a $1,000 asset at its future peak this year as well. In its case the privacy aspect is what I believe will weigh heavy.
Dogecoin, the meme crypto, has almost touched a 2 cent peak in the previous bull market and my take is that this one won't be too generous with it. As I wrote above, it's mostly my gut feeling dictating this predictions, but I don't see why DOGE would perform this year. It still has its community, but the inflation it suffers from and the plethora of new performers will put it into the shadow for this bull market.
My biggest disappointment is BAT which constantly buys back tokens out of the market not allowing the total circulating supply to match its max one and that's probably why it is nailed in the $0.2-$0.3 price range. I love Brave, I had high expectations from BAT, but I don't see it perform as others in its leagues. A $1.5 for a peak is the most I can see for it. Maybe I'm wrong, will see.
Another one that has a place in my soul but doesn't perform good at all is HIVE. It started out so full of potential, it has even reached $0.8 soon after getting listed on exchanges and is crawling on the 11 cents grounds for such long. It's pointless to once again count its weaknesses that keep it that low, but I don't see it over a dollar in valuation as a 2021 peak. I simply can't, although the potential should match at least $3.
I do see LEO getting to $3 this bull market though and I should dedicate an entire post for what gives it that much value. It's a second layer token, I know, it's not even listed on any exchange, but it is a volcano that will erupt quite strong this year. Community being one of its strongest engines.
Anyway, I won't make this post too long and would love to read of some of your crypto price predictions for future peaks this year. I hope you all had a nice new year's eve, that you're healthy and well and wish you a great 2021 in all aspects.
Thanks for attention, Adrian
Posted Using LeoFinance Beta
