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The Daily Hodl
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Crypto Analysts React As Bitcoin Touches $10K – BTC, Ethereum, XRP, Litecoin Forecasts

by Daily Hodl Staff
July 25, 2019
in Trading
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

‎‎‎ ‏‏‎

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Crypto analysts are gauging whether Bitcoin has the momentum to keep rising after pushing above $10,000.

Josh Rager says Bitcoin may be on a path to retesting its weekly open at $10,854. If BTC can’t rise above that number, he says the leading crypto will retest support around $9,600 and likely hit a lower-low.

Source: Josh Rager/Twitter

Fellow analyst Crypto Michaël says he doesn’t think Bitcoin has the momentum to break $10,300.

“I’m still sticking behind the thoughts that we’ve got to make some more movements downwards.

Move upwards didn’t have much volume and I don’t think we’ll break $10,300 area. If we do and flip support + break downtrend, then I’m a bull.”

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Bitcoin jumped from $9,626 to a high of $10,154 today, before retreating back to around $10,000.

Right now, Bitcoin is up 3.70% at $9,995 according to COIN360. Ethereum is up 5.01% at $221.57, XRP is up 0.97% at $0.3153 and Litecoin is up 2.02% at $94.22.

Source: COIN360

Analysts at large are tracking Bitcoin’s chances of gaining traction above $10,000 with the overall market mostly in the green.

Bitcoin

NewsBTC – Bitcoin breaks key resistance but can it continue higher?

FXStreet – Critical resistance of $11,000 is still out of reach

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Ethereum

Crypto Daily – Ethereum likely topped out after recent bullish move

XRP

NewsBTC – XRP/USD starts fresh increase

Litecoin

Coin Rivet – LTC consolidation momentum likely to continue

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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