Despite the dip still actively cutting prices in the cryptocurrency market, the cryptos had a chance to take a rebound on December 12th where the majority of digital assets were able to take a surge against the fiat. However, one day later on December 13th, the cryptos are starting to plummet once again, although with several exceptions. In the last 24 hours, some of the top trading currencies, like Tezos (XTZ) and Waves (WAVES), are still going up despite the renewed dip after the market took a brief break.
While Tezos is rising by around 5% in the last 24 hours, the crypto is marking over 13% of gains in the last seven days. Waves is taking a serious spike in the last 24 hours, rising by over 11% which definitely makes it a top gainer of the day among top 30 cryptocurrencies, currently ranked as 26th. The latest rebound helped Waves score a positive return on its weekly chart, now marking over 6% of rises in the last seven days.
Waves (WAVES) One of the Top Traders on the Top 30 ListWaves is not only showing progress in the last 24 hours, although WAVES definitely makes a top trader of the day with the latest score of 11%. Additionally, what makes WAVES a promising investment besides from representing a prominent blockchain project which allows for issuing ICOs,crowdfunding and trading by tokenized values, is the fact that the crypto is showing positive returns despite the fact that the market is excessively dipping for weeks now. While the latest rise moved WAVES closer to the value of 2$, at this point, the crypto is still away from an all-time high of 16$. Back on December 4th, WAVES went over the value of 2$, but the crypto soon went down below the initial price once again. In the two weeks, Waves is rising by the amazing 62% against the fiat, while the crypto is also showing progress in the last 30 days with 7.2% of gains.
What to Expect from Waves in 2019: WAVES Price PredictionBased on the present trends seen in the movement of WAVES currency, the crypto could reach the price of 4$ in the best case scenario already at the beginning of 2019. In the case of more benevolent market trends that would allow the cryptos to take a serious recovery, WAVES is said to be able to rise by over 250% by the end of 2019 and reach the value of around 8$. However, many analysts imply that 2019 won’t allow redemption in the cryptocurrency market as it is considered that the upcoming year will bring only more bear trends. In the case where Waves wouldn’t be able to acquire positive momentum as it was the case in the past two weeks concluded with December 13th,the highest price could be 4$ while the crypto might not be able to go over the value of 2$. Given the fact that Waves is one of the most progressive cryptos in the top 30 list of cryptocurrencies due to the latest positive returns, it is less likely that the crypto will go below the resistance level of 1$ by 2019 and during 2019.
Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.