We are approaching the end of 2017, with everyone expecting the best in 2018. Meanwhile, the hopes for cryptocurrency sector are high. Here, we discuss two altcoins that appear as prospective market players now and gather a lot of attention from investors. Let's look into 2018 Ripple and Bitcoin Cash Price Prediction.
27 November, AtoZForex - The sudden surge in the prices of Bitcoin Cash (BCH) and Ripple (XRP) have proved that there is a lot of demand for the altcoins. Meanwhile, the 2018 Ripple Price Forecast and Bitcoin Cash outlook are the topics that all crypto community buzzes about.
Both altcoins have similar characteristics and both have cheap transaction processing. There is a chance that in the future it will be possible to cash out digital currency at an ATM. If this happens, the effect on investor confidence will certainly be profound. There are no doubts both altcoins will emerge as ultimate underdogs for 2018.
In a nutshell, no one can predict which altcoin will rise rapidly and which will fail. Let's see what 2018 holds in store.
Are Bitcoin Cash and Ripple front-runners for 2018?
When Bitcoin Cash has forked off the original Bitcoin, there wasn’t a lot of support for this digital currency. In fact, everyone predicted that it would fade over time. Yet, it has proved quite the opposite, with its price rising already by more than 300% now. This hard fork has been successful so far - BHC price skyrocketed thanks to the Segwit2x cancellation.
Bitcoin Cash has seen its craze in cryptocurrency markets since its launch in August. However, at first, Bitcoin Cash wasn’t introduced as another altcoin. It was introduced as a hard fork of Bitcoin. But as time went on, people understand how the nature of BCH is different from Bitcoin. The adoption of BCH debit card payment processors like Bitwala makes it unique in the crypto market world.
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Bitcoin Cash transaction processing method is faster and more affordable for BTC users, too. All this leads to believe that BCH definitely has that potential to lead the market in 2018.
Another altcoin, Ripple, is also on the same line - the currency is steadily rising over the last week. Many digital currency investors are hunting for the next big altcoin, hoping to find a new Bitcoin for the right price. Ripple (XRP) is the best contender.
The coin is currently the most underrated currency in the top 4 crypto market currencies. This is a very good reason to invest in Ripple.
2018 Bitcoin Cash Price Prediction
One of the most famous Bitcoin bulls, Ronnie Moas, raised his forecast for Bitcoin price in 2018 from $11,000 to $14,000. However, the general figures of Bitcoin Cash Price Prediction stand at around $2,500 to $3,500 by mid-2018, with possible growth as the year progresses.
Bitcoin Cash has posted its all-time high over $2,500 at the time the original Bitcoin has dropped on November 12. Given the fact that the scaling limitations of Bitcoin are still present and the growing interest in Bitcoin Cash, many started growing concerns about the future of Bitcoin.
2018 Ripple price Forecast
This altcoin has an excellent upgrade. Per second, Ripple’s technology can process 1500 transactions, compared to Bitcoin which takes seven transactions per second. Its technology is powerful enough to replace international payment systems by reducing the cost and allow instant transfers. In fact, some of the industry giants are already collaborating with Ripple.
Moreover, it is already a good friend to many banks due to its cheaper and faster transactions than traditional methods. Many leading banks have adopted Ripple technology over their payment infrastructure. So there is no doubt the coin will be a front-runner in 2018.
Ripple price is expected to cross the $2 barrier in 2018. The trading volume of XRP is nowhere close to Bitcoin and Ethereum, yet, a rise in speculative activity on the XRP can increase its prices to $4-$5 mark as well.
Think we missed something? What is your Bitcoin Cash Price Prediction? Share your opinion with us in the comments section below.