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Bitcoin is back above $10,000 after dropping to $9,692 on Wednesday.
The crypto king is up 0.24% at $10,304 according to the latest data from COIN360 at time of publishing.
Ethereum is down 2.29% at $187.23, XRP is down 6.20% at $0.2630 and Litecoin is down 0.65% at $76.70.
FXStreet analyst John Isige says Bitcoin appears poised to move higher, targeting resistance at $11,200 in the short term.
“Technically Bitcoin is poised for movement to higher levels. The Relative Strength Index (RSI) is currently above average.
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At the same time, the Moving Average Convergence Divergence currently at -129.45 is heading further towards the positive territory. The increasing positive divergence suggests that bulls are stamping down on the bears.”
Here’s a look at the latest forecasts from across the cryptoverse.
Bitcoin
FXStreet – BTC/USD over $500 reversal compels move above $10,000
Bitcoinist – Continuation of the pull-back likely in the short term
Ethereum
Crypto Briefing – Breaking the $200 support barrier has triggered a strong decline
Crypto Daily –Support expected around $181 with resistance at $197
XRP
NewsBTC – Short term XRP breakout pattern forming with resistance near $0.2685
Litecoin, Bitcoin Cash, Binance Coin, Tron
Crypto Globe – LTC now bouncing off of the bottom of its post-2017 price floor
NewsBTC – Crypto market searches for recovery: LTC, BNB, BCH, TRX analysis
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