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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.
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 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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