Cryptocurrencies

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

By September 14, 2019 No Comments

This article was originally published here.


 

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.

Source: COIN360

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

CoinDeskBitcoin price indicator may signal next leg higher

NewsBTCMore than half of Bitcoin investors expect triangle breakout

Ethereum

Crypto DailyTechnical support expected around $172.88 with resistance at $188.38

XRP

FXStreetTechnical picture introduces an element of indecision in the market

Litecoin

FX EmpireLTC needs to hold support at $68.60 level

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