As Bitcoin (BTC) goes back to $ 10,000, many people and analysts are trying to figure out what’s happening to other digital assets, including Ethereum (ETH), Ripple (XRP) and Litecoin (LTC). An Ethereum analyst, DCinvestor at Reddit, thinks Ethereum’s value remains low. With regard to the XRP, analysts believe that the digital currency may double in the future. Litecoin is prepared for halving activity after two weeks during the volatility period.
Dcinvestor: Ethereum has the ability to beat Bitcoin
Dcinvest analysts named in the Reddit post, it increases the volume and liquidity of Bitcoin but Etherea 2.0 of ETH in the future will help to reach new levels hopes. In addition, according to the analyst, ETH may exceed BTC.
At the same time, Ethereum is one of the digital entities that has received regulatory clarity from the US Commodity Futures Trading Commission (CFTC). However, virtual money is far from the all-time high. If he wants to exceed $ 1,400, Ethereum will have to grow 520% more than Bitcoin has ever grown to date.
Analysts: Ripple will either collapse or double
Ripple ( XRP ) is traded for over $ 0.30, an important key level that has worked as support many times in the past. However, some analysts say that the digital currency may fall once again. Therefore, it is possible for the XRP to reach $ 0.22 before it starts to grow again.
If this happens, analysts say, the XRP will collapse twice and continue its long-term accumulation process. Some analysts, by contrast, believe that a popular digital currency like the XRP may double in the future. Currently, the XRP is trading around $ 0.32 and has a market capitalization of $ 14 billion.
Analysts: Litecoin may increase in volatility period but not large
On August 5, Litecoin is expected to go to halving. This means that the new LTC export will decrease from 25 LTC to 12.5 LTC. In addition, the period before and after the halving event tends to be very variable compared to other digital currencies. Therefore, many analysts expect the LTC price to see a large increase.
Although stable during the last 24 hours, Litecoin decreased from 0.017 BTC per token to 0.009 BTC per LTC. In USD, a few days ago, after falling below $ 80, the digital currency once again exceeded $ 100. When writing this article, Litecoin trades around $ 96 and has a market value of $ 6 billion.