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Crypto Pump or Weekend Dump? Bitcoin, Ethereum, XRP Price Analysis
Bitcoin is slowly crawling its way toward $4,000, up 0.99% to $3,924 at time of publishing. The crypto market at large is mixed, with Ethereum up 0.21% at $137.14 and XRP down 0.57% at $0.3140.
Twitter’s The Crypto Dog dropped a cheat sheet outlining some bullish news in the crypto space, calling out Fidelity’s crypto custody platform, Bakkt’s plan to bring Bitcoin to Starbucks and Jack Dorsey’s BTC buying habits as cause for optimism.
https://twitter.com/TheCryptoDog/status/1103449073724592134
Twitter’s planB is comparing Bitcoin’s recent price action and low volatility to the start of 2015’s bull market.
https://twitter.com/100trillionUSD/status/1103988093793783809
SalsaTekila, however, told his 18,000 followers he’s decidedly more bearish in the near term.
https://twitter.com/SalsaTekila/status/1103400943671013384
Overall, technical analysts remain bullish on Bitcoin as the weekend approaches, with XRP and Ethereum at a crucial crossroads.
Bitcoin
NewsBTC – Bullish break above $4,000 looming
Blockonomi – Next resistance is near $4,025
Ethereum
XRP
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 losses 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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