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.
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.
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.”
Bitcoinist – Bulls Pushing BTC Towards $11,000
CryptoPotato – Technical indicators now suggesting a move lower for XRP
Litecoin, Bitcoin Cash, Binance Coin, EOS, Bitcoin SV, Stellar, Cardano