Altcoins Rally As Bitcoin Eyes $10,400 – BTC, XRP, Ethereum, Litecoin Forecasts

‎‎‎ ‏‏‎

Right now, the altcoin market is rising with Bitcoin slowly making its way toward $10,400.

According to COIN360, EOS is rising the most out of the top 10 coins by market cap, up 8.36% at $4.02 at time of publishing.

Bitcoin is up 1.45% at $10,385, Ethereum is up 5.17% at $187.70, XRP is up 2.83% at $0.2627 and Litecoin is up 4.98% at $71.08.

CoinDesk analyst Omkar Godbole says he’s watching one key indicator that could signal the next meteoric Bitcoin rally.

“With history repeating itself, there is a strong reason to believe that the bullish crossover of the 50- and 100-week MAs, if and when, confirmed, could mark the beginning of a meteoric rise well above $20,000.

Currently, the 50- and 100-week MAs are located at $6,556 and $7,668, respectively.”

Here’s a look at the latest forecasts from across the cryptoverse.

Bitcoin

CoinDesk – Bitcoin price indicator may signal next leg higher

NewsBTC – More than half of Bitcoin investors expect triangle breakout

Ethereum

Crypto Daily – Technical support expected around $172.88 with resistance at $188.38

XRP

FXStreet – Technical picture introduces an element of indecision in the market

Litecoin

FX Empire – LTC needs to hold support at $68.60 level

Follow us on Facebook            Join us on Telegram            Follow us on Twitter

Check Latest News Headlines

ADVERTISEMENT

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.