5 cryptocurrencies to invest before Christmas
Christmas is coming and the change of year is the right time to build our investment portfolio. What cryptocurrencies to invest in? In the final stretch of the year, Bitcoin struggles to consolidate US $ 9,000, giving good opportunities to invest in cryptocurrencies in the medium term. Next I will tell you which ones with my 5 favorites for 2020.
1- Bitcoin (BTC)
The currency that cannot be lacking in any crypto portfolio is the BTC, since its potential is still very promising, especially in the medium and long term. For the final stretch of the year, the objective to be consolidated is US $ 10,000, the key support being US $ 7,300. The minimum target for 2020 is $ 13,500, and the maximum at $ 25,000.
2- Binance Coin (BNB)
The Binance project remains one of the strongest in the ecosystem, so having BNB Tokens can be a good medium-term investment. The digital asset undoubtedly tends to revalue. The BNB Token started the year at 6 dollars, reaching a historical maximum of US $ 39, quoting at the time of writing around US $ 20. The maximum target for 2020 is located at US $ 45.
3- Ethereum (ETH)
Earlier this year, an Ethereum could be purchased for just $ 100, reaching $ 350 at the end of June. At the time of writing the ETH is negotiated at 190 USD, an interesting value to buy from the point of view of technical analysis. The ETH should have no problem at least doubling its value in 2020.
4- Litecoin (LTC)
The LTC has been one of the most volatile tokens of 2019, where at the beginning of the year it could be purchased for US $ 30, reaching an annual maximum of US $ 142 in June. At the time of writing it can be purchased for $ 63. Litecoin, like Bitcoin, I see unlimited potential in the medium and long term. The minimum target for 2020 is $ 130, and the maximum at $ 250.
5- Stellar (XLM)
If you are looking for interesting projects to invest in cryptocurrencies, Stellar should take it into account, since it has a high potential for growth and revaluation of its XLM Token.
At the moment it is negotiated around US $ 0.078, half of the maximum reached in the middle of the year. The maximum target for 2020 is $ 0.22.
The information in this post is not an investment advice, it should only be taken for educational / informational purposes.
Disclaimer: This press release is for informational purposes information does not constitute investment advice or an offer to invest. The views expressed in this article are those of the author and do not necessarily represent the views of infocoin, and should not be attributed to, Infocoin.