Crypto Forecasts – Bitcoin, Ethereum, XRP, Litecoin, Bitcoin Cash, Binance Coin, EOS, Bitcoin SV, Monero, Stellar

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Bitcoin is trading sideways above the key level of $11,000.

The leading cryptocurrency is up 0.61% at $11,730 according to the latest data from COIN360 at time of publishing.

Ethereum is down 1.50% at $221.19, XRP is down 1.47% at $0.3075 and Litecoin is up 0.68% at $89.51.

NewsBTC analyst Aayush Jindal says Bitcoin will have to close above $12,000 to keep its momentum moving in the short term and to avoid a downturn.

“[Bitcoin’s] price is trading with a positive bias above the $11,500 and $11,650 level. Having said that, a proper close above the $12,000 level is needed for upside continuation.

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In the mentioned bullish case, the price could climb towards the $12,500 and $12,850 levels in the near term.”

On the flip side, crypto analyst Dave the Wave told his 12,000 followers on Twitter that he thinks Bitcoin’s recent parabolic run has likely ended.

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

Bitcoin

NewsBTC – Bitcoin targets fresh weekly high above $12,200

CoinDesk – Bitcoin price looks poised to retest highs above $13,000

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Ethereum

FXStreet – ETH/USD must breakdown big barrier $230-240 for greater upside

Crypto Daily – Support expected around $217, with resistance expected around $239

Litecoin

FXStreet – LTC/USD struggles at $90.00, initial resistance created by $95.00 handle

XRP, Bitcoin Cash, Binance Coin, EOS, Bitcoin SV, Monero, Stellar

FX Empire – Bearish start for XRP, LTC and BCH as Bitcoin fails to hold onto $12,000

Cointelegraph – Crypto market update: XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM analysis

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