Cryptocurrencies

Ripple (XRP) Moons As Crypto Analysts Call Massive Bitcoin Rally – BTC, XRP, Ethereum, Litecoin, Stellar, EOS, Cardano, Binance Coin Forecasts

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A number of crypto analysts who have been staunchly bearish for months are starting to change their tune.

Civic CEO Vinny Lingham says he’s now bullish. Meanwhile, crypto analyst Willy Woo is also flipping, saying “bull season is now at 99%.”

Analyst Josh Rager says if past bull runs are prologue, BTC is on its way to a potential high of $78,500.

Fundstrat co-founder and head of research Tom Lee says he believes new all-time highs are likely by 2020. Morgan Creek Digital’s Anthony Pompliano says Bitcoin is poised to surge 20-50x over the next five years.

And according to The Rhythm Trader, Bitcoin adoption is light years ahead of its pace during the last bull run.

But not everyone is transforming into a Bitcoin and crypto permabull.

In the short term, crypto analyst Nicholas Merten, aka DataDash, expects Bitcoin to retreat to at least one lower level in the months ahead.

Shark Tank investor Kevin O’Leary says he still believes crypto is crap. And economist Nouriel Roubini is hailing a theory that crypto exchange Bitfinex is behind a renewed BTC pump using the controversial stablecoin Tether.

Right now, XRP is in the midst of a moonshot, leading an overall crypto rally.

XRP is up 21.72% at $0.3987, according to Coin360. Bitcoin is up 2.66% at $8,001, and Ethereum is up 3.91% at $207.91.

Source: Coin360

Technical analysts are gauging whether Bitcoin has the strength to stay above $8K, with mixed short-term outlooks on altcoins.

Bitcoin

CoinDesk – Bearish divergence signaled by longer-duration RSIs indicate pullback to $7,400

NewsBTCBTC Bulls now targeting $8,500 and $9,000

Ethereum

BitcoinistIndicators suggest Ethereum may be facing brief correction

CoinspeakerETH/USD now testing resistance at $210

XRP

FXStreetXRP/USD bulls return with a huge vengeance

Crypto BriefingXRP trading above 200-day moving average for first time this year

Litecoin

BlockonomiLTC failed to pass previous high, but further gains likely

FXStreetLTC bulls having trouble heading into the psychological $100 territory

Bitcoin Cash, Stellar, EOS, Cardano, Binance Coin

NewsBTCCrypto Market Rallies $25 Billion: BCH, LTC, EOS, ADA Analysis

CointelegraphPace of rally surprising: BTC, ETH, XRP, BCH, LTC, EOS, BNB, XLM, ADA analysis

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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.
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