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The Daily Hodl
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Crypto Forecasts – Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, Binance Coin, EOS, Bitcoin SV, Stellar, Cardano

by Daily Hodl Staff
August 3, 2019
in Trading

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The crypto market is mixed overall with most of the majors on the rise as Bitcoin climbs toward $11,000.

Right now, the leading cryptocurrency is up 3.12% at $10,777 according to COIN360.

Ethereum is up 1.72% at $221.31, XRP is down 0.09% at $0.3126 and Litecoin is up 1.06% at $95.15.

Source: COIN360

According to new analysis from Bitcoinist, BTC’s relatively low volume will likely lead to a short-term pullback to around $10K.

“Volume has begun to pick back up on this move to the upside but still remains fairly low in comparison to the volume seen in the move to $13k throughout June and July.

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A pull-back to $10,120 is expected within the next 48 hours and would present an optimal re-entry opportunity. The next key resistance level to look out for on this move is $11,000.”

Bitcoin

Bitcoinist – Bulls Pushing BTC Towards $11,000

FX Street – Bitcoin gaining ground, amid mixed market sentiments

Ethereum

Crypto Daily – ETH support expected around $206, with resistance expected at $226

XRP

CryptoPotato – Technical indicators now suggesting a move lower for XRP

Litecoin, Bitcoin Cash, Binance Coin, EOS, Bitcoin SV, Stellar, Cardano

FX Empire – BCH must hold above resistance at $340.2 to support further upside

Cointelegraph – Altcoin outlooks mixed as BTC moves higher: BTC, ETH, XRP, LTC, BCH, BNB, EOS, BSV, XLM, ADA analysis

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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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