ltcusd

DASH/USD and LTC/USD Technical Analysis June 8, 2017

Avatar newsbtc 3 years ago

Hello and welcome to News BTC’s Market Outlook June 8.

DASH/USD

DASH continued the rally during the session on Wednesday, breaking above the top of the hammer from Tuesday, and reaching towards the recent highs, breaking out above the $152 level. It looks very healthy now, and it looks like the uptrend is going to continue. With this, it looks as if the buyers are going to be aiming for the $160 level next.

LTC/USD

LiteCoin was relatively stagnant during the session on Wednesday, as the $30 level continues to offer resistance. It looks as if we are certainly more bullish and bearish, so a break above the $30 level would have me coming back into the market and aiming for the $34 level. Pullbacks of this point should be buying opportunities, with the $26 level underneath offering significant support.

Thanks for watching and I’ll see you again tomorrow.

Tags: BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Nexo

Instant Crypto Credit Lines™ from only 5.9% APR - unlock your crypto-wealth tax-efficiently, without selling it. Earn up to 8% interest per year on your Stablecoins, USD, EUR & GBP. $100 million custodial insurance.

Ad
Show comments