Vechain (VET), Dogecoin (DOGE), Basic Attention Token (BAT) – After an encouraging and interesting rally in the cryptocurrency market the beginning of the month and Q2 2019, the second week of April started with a strong uptrend for Bitcoin and the rest of the cryptocurrencies. On the one hand the maximum reference at the time of writing is already above $ 5300, a movement encouraging many coins in the ecosystem that really means the end of the long crypto winter.
So how BTC is moving its own market, the rest of the altcoins have not been left behind and in the middle part of the top 100 table there are in itself interesting movements that can generate excellent long-term returns if the right decision is made at the right time.
VeChain (VET) Price Prediction for April, May June 2019
At the time of writing, VET has climbed to position 23 of the maki ng table, ranking among the 25 most important cryptocurrencies per stock market capitalization with more than $422 million dollars.
Its spot price is $ 0.007613 per unit and a moderate growth of 0.28% in the last 24 hours.
For this Q2 2019, VET promises good returns to those who bet on their ecosystem. For this, we take as a reference the 4H chart for the study of the period indicated above. In that sense, we observe that VET has an upward trend, with strong support at the level of $ 0.00508 per token.
Its wedge pattern and support presented allows us to infer that for of this quarter, VeChain will present levels of up to R1 ($ 0.014) by mid May 2019 according to the Elliot Wave Triple Correction pattern presented in the following graph.
In addition to ratify this bullish trend, the RSI presents a bullish pattern at its best with high levels of overbought, which project a balance of forces for the rest of April before taking momentum for the coming month.
If VET managed to reach and stay above Elliot’s ‘Z’ point (level of R1), we could see a bullish push to levels of R2 ($ 0.0131) by the end of Q2 2019, which would represent a rise of more than 25% for the last month of this period.
DOGECOIN (DOGE) Price Prediction for April, May June 2019
The popular meme cryptocurrency, Dogecoin (DOGE) has managed to surpass all the predictions forecasted for the end of Q2 2019, exceeding the two projected stops.
At the time of writing, it has a quoted price of $ 0.003374 per unit with a moderate growth of + 0.85%. Its market capitalization is only $ 401 million dollars and is among the top 25 of the cryptocurrencies, occupying the position 24 of the general ranking.
After having reached maximums, DOGE is currently in its corrective stage of prices, a normal scenario for investors to withdraw some of the profits obtained after the rally of the popular cryptocurrency. The DOGE chart projected that a next bearish cross is about to arrive by the end of this week, as projected by the crossing of the EMA indicator short vs. long term.
This scenario is projected by Elliot Wave Triple Correction, which infers that for the rest of Q2 2019, DOGE could reach again the levels of R1 ($ 0.0042).
This scenario is also confirmed by the break of the projected triangle and by the RSI indicator, which starts to move parallel to Elliot Wave.
BASIC ATTENTION TOKEN (BAT) Price Prediction for April, May June 2019
At the time of writing the token presents a spot price of $ 0.295 with a price correction of around -2.06% in the last 24 hours and a stock market capitalization of approximately $ 374 million dollars that allows it to be in the last box of the top 25.
BAT, like the rest of the other two cryptocurrencies presented previously, managed to exceed the projected level by the end of May 2019, according to the graph presented in our previous post about this token.
To update its outlook, we can see that BAT has an upward trajectory which would allow its Q2 2019 price reach R1 levels above $ 0.46 per unit. This milestone would be achieved after passing through the correction level projected by Elliot Wave.
This pattern is also confirmed by the EMA indicators with their projected bearish cross and the RSI indicator with their current sales levels.