This article was originally published here.
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.
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.
Crypto Briefing – Breaking the $200 support barrier has triggered a strong decline
Crypto Daily –Support expected around $181 with resistance at $197
Litecoin, Bitcoin Cash, Binance Coin, Tron