Cryptocurrency News Today: Though it seems to be the bear market with major cryptocurrencies trending downward, there are cryptocurrencies that are still showing momentum upward like GOChain that increased in price by 50% in just 48 hours; following other cryptocurrencies like VIBE, TRIG, EVX all enjoyed their rallies while increasing in price by 50 to 250%.
Following this positive trend, there are 3 cryptocurrencies that are in position to rally upward in current market trend via their technological advancements and updates in Q4, including Bitcoin Cash (BCH), Ambrosus (AMB), and Cardano (ADA).
Bitcoin Cash (BCH) Price Prediction – BCH Future Forecasts
After reaching an all-time high value of around $4000 in December 2017, Bitcoin Cash has tumbled downward since then. While recent IPO named Bitmain, which was expected to boost the price of BCH has gone through serious troubles because of rumors spread about investors’ false claims and sales numbers.
Bitcoin Cash (BCH) Price Today – BCH / USD
Although when market doubts any coin, that is the right time to believe in it. Warren Buffet stated that:
“Be fearful when others are greedy, be greedy when others are fearful,”
Currently, the market has fear about BCH, which means it is the time for us to be greedy.
Also, Bitcoin Cash community facing splits; two groups have separate thoughts regarding the future of BCH and how it will operate in future. Troubles between both groups resulted in BCH falling significantly and causing investors worried much.
So, if both groups settle the issues while making consensus, and Bitmain IPO occurs successfully in Q4, then there are chances that BCH may rise again.
Ambrosus (AMB) Future Forecasts
AMB is the new cryptocurrency that is likely to have bullish trend in Q4 because they have recently released Mainnet 2.0 version. Ambrosus developers are very keen and committed to their project despite the current bear market trend.
AMB has total $20 million market capitalization. However, if it reaches the target of $100 million then the price of AMB will increase by 500% (or 5 times).
This major update of Ambrosus releasing Mainnet 2.0 version in Q4 2018 is going to give surprises; because these technological updates push the market trend of the underlying cryptocurrencies and provide potential increases in crypto price.
Cardano (ADA) Future Forecasts
Although Cardano has not many potential updates to occur in Q4 there are other important factors that are going to affect Cardano in near future.
Coinbase seems to add ADA in its listings, which will surely boost the price of ADA if it happened. Also, Cardano (ADA) is going to be integrated with Metaps Plus Platform in November.
Cardano (ADA) Price Today – ADA / USD
Metaps Plus is the fintech company that provides POS (Point of Sale) payment system. It has over 30,000 offline stores that are using Metaps PoS.
Though there are no major updates regarding ADA itself as mentioned above, its partnership with PoS platform like Metaps opens the new doors of getting worldwide access as cryptocurrency, and expectations for positive developments in near future.