XRP is surging, with the broader altcoin market a sea of green.
At time of writing, XRP is up 14.55% at $0.2958, according to COIN360. Ethereum is up 9.39% at $209.46, Litecoin is up 7.01% at $75.48 and Bitcoin is up 1.03% at $10,246.
The founder of New York-based DTAP Capital says he thinks BTC is very close to a breakout. Dan Tapeiro says BTC is poised to move much higher if it can close above $10,700.
“The naysayers will say the trendline will continue to rebuff it and that it will take a liquidation below 9k before it can rally.
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Doesn’t look that way to me. Just need next 1000 points up and should be beginning of bigger upmove.”
Bitcoin chart is very close to upside breakup. Strong close over 10,700 trendline should really accelerate. pic.twitter.com/2BWHjEVxa0
— Dan Tapiero (@DTAPCAP) September 16, 2019
Not everyone is as bullish, including NewsBTC analyst Aayush Jindal. Here’s a look at the latest analysis from across the cryptosphere.
Bitcoin
NewsBTC – Bitcoin price at clear risk of further declines
Cointelegrapn – BTC slowly erodes support above $10,000
Ethereum
CryptoPotato – RSI indicates bulls are in complete control of market momentum
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XRP
FXStreet – XRP/USD bulls use breached pennant as a platform for further gains
Litecoin, Bitcoin Cash, EOS, Stellar
FX Empire – LTC breaks resistance at $73.96, capping upside on the day
NewsBTC –Crypto market holding support: BCH, LTC, EOS, XLM analysis
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