Weekly Crypto Price Prediction #4 (100% HIT RATE) – Quantum Resistant Ledger (QRL)
Once again, time for my weekly crypto price prediction.
Video version here: https://steemit.com/dtube/@initforthemoney/ee767us5
Admittedly, it’s been more than a week since my latest prediction. The volatility since China’s ban of ICO’s – and the FUD ever since – has made it hard for me to predict with a reasonable certainty.
That being said, I’m finally ready with another specific crypto price prediction.
But first, a quick recap:
A month ago, I predicted that Ripple (XRP) would reach a price of at least $0.18.
Shortly after, Ripple started soaring (not what I expected per se), and is currently trading at $0.21.
Three weeks ago, I predicted that Basic Attention Token (BAT) would reach a price of $0.21.
Approximately two days later, this target was reached. BAT is currently trading at $0.20.
About two weeks ago, I predicted that SysCoin (SYS) would reach a price of $0.25.
Around September 5th this goal was reached. SysCoin is currently trading at around $0.28.
Profit
Thus far you could have turned $1,000 into $1,541, if you followed my advice mechanically, and far more if you held and sold at the peaks or even the current levels.
Prediction…
In the course of the next month, Quantum Resistant Ledger (QRL) 
will be trading at or above $0.80.
Current price is $0.605.
This translates into a profit of 23%.
Reasoning
QRL has been trading above $2.0 right after the ICO was over.
For about a month, it’s been experiencing relatively small price fluctuations.
The developers just announced the beginning of a marketing campaign (https://medium.com/the-quantum-resistant-ledger/welcome-juan-477be17f42e)
The so-called mainnet is set to launch in a not too distant future (probably next month according to devs on Slack).
Please note that my predictions aren’t necessarily founded in any type of technical analysis, insider knowledge or anything but my personal current understanding of what a reasonable price level for the currency in question is.
Thoughts and comments are always welcome.
Contributions are very welcome - my bitcoin wallet address:
1CjRBYqPpMqNC19d2eK82chHM4gsms94Yd
My favorite song (yes, alright I wrote it and my wife @emmacairo performs it, but it’s still awesome as hell):
https://emmacairo.bandcamp.com/track/in-it-for-the-money
(enjoy it while planning you next crypto investment – you’re welcome)
Awesome! & thanks for sharing the song :)
This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
Doesn't seem illogical to me :-)
good post
This post has received a 0.42 % upvote from @booster thanks to: @initforthemoney.
This post has received a 1.15 % upvote from @buildawhale thanks to: @initforthemoney. Send 0.100 or more SBD to @buildawhale with a post link in the memo field to bid on the next vote.
To support our curation initiative, please vote on my owner, @themarkymark, as a Steem Witness
This post has received a 5.56 % upvote from
thanks to: @initforthemoney.
For more information, click here!
Resteemed to over 4000 followers and 100% upvoted. Thank you for using my service!
Read here how the new bot from Berlin works.
@resteem.bot
@initforthemoney got you a $1.48 @minnowbooster upgoat, nice! (Image: pixabay.com)
Want a boost? Click here to read more!
Interesting post. Same mindset here. The current total market cap of all cryptos might seem high but blockchain is here to stay and will involve all our lives. I do see a bright future for everyone that's hold's their coins with a long term vision. Besides coinmarketcap.com there is: https://www.coincheckup.com For a complete crypto analysis on every single tradable crypto out there.