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May 14, 2019

Ripple (XRP) Moons As Crypto Analysts Call Massive Bitcoin Rally – BTC, XRP, Ethereum, Litecoin, Stellar, EOS, Cardano, Binance Coin Forecasts

By Daily Hodl Staff

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A number of crypto analysts who have been staunchly bearish for months are starting to change their tune.

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Civic CEO Vinny Lingham says he’s now bullish. Meanwhile, crypto analyst Willy Woo is also flipping, saying “bull season is now at 99%.”

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Analyst Josh Rager says if past bull runs are prologue, BTC is on its way to a potential high of $78,500.

Fundstrat co-founder and head of research Tom Lee says he believes new all-time highs are likely by 2020. Morgan Creek Digital’s Anthony Pompliano says Bitcoin is poised to surge 20-50x over the next five years.

And according to The Rhythm Trader, Bitcoin adoption is light years ahead of its pace during the last bull run.

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But not everyone is transforming into a Bitcoin and crypto permabull.

In the short term, crypto analyst Nicholas Merten, aka DataDash, expects Bitcoin to retreat to at least one lower level in the months ahead.

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Shark Tank investor Kevin O’Leary says he still believes crypto is crap. And economist Nouriel Roubini is hailing a theory that crypto exchange Bitfinex is behind a renewed BTC pump using the controversial stablecoin Tether.

Right now, XRP is in the midst of a moonshot, leading an overall crypto rally.

XRP is up 21.72% at $0.3987, according to Coin360. Bitcoin is up 2.66% at $8,001, and Ethereum is up 3.91% at $207.91.

Source: Coin360

Technical analysts are gauging whether Bitcoin has the strength to stay above $8K, with mixed short-term outlooks on altcoins.

Bitcoin

CoinDesk – Bearish divergence signaled by longer-duration RSIs indicate pullback to $7,400

NewsBTCBTC Bulls now targeting $8,500 and $9,000

Ethereum

Bitcoinist Indicators suggest Ethereum may be facing brief correction

CoinspeakerETH/USD now testing resistance at $210

XRP

FXStreetXRP/USD bulls return with huge vengeance

Crypto BriefingXRP trading above 200-day moving average for first time this year

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Litecoin

Blockonomi LTC failed to pass previous high, but further gains likely

FXStreet LTC bulls having trouble heading into the psychological $100 territory

Bitcoin Cash, Stellar, EOS, Cardano, Binance Coin

NewsBTC Crypto Market Rallies $25 Billion: BCH, LTC, EOS, ADA Analysis

Cointelegraph Pace of rally surprising: BTC, ETH, XRP, BCH, LTC, EOS, BNB, XLM, ADA analysis

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