Many sources expect cryptocurrency prices to rise again due to the following factors:
Economic factors
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1. Continuous Growth: The market shows continuous growth in cryptocurrencies.
2. Increased investment: Increased investment in digital currencies.
3. Technological development: Technical improvements in digital currencies.
Political and social factors
1. Political volatility: Political crises can affect investor confidence.
2. Changes in economic policies: Changes in economic policies can affect the value of a currency.
3. Global economic crises: Global economic crises can affect the value of the currency.
Technical Analysis
1. Market Trends: Positive market trends.
2. Support levels: Strong support levels.
3. Resistance levels: Low resistance levels.
Expectations
1. WalletInvestor: Expect 20-30% growth next year.
2. CoinMarketCap: Expect price stability in the near future.
3. CryptoSlate: Expect 15-25% growth in the next year.¹