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DASH/USD and LTC/USD Technical Analysis June 26, 2017

newsbtc
newsbtc
1 year ago
1 min read
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DASH/USD and LTC/USD Technical Analysis June 26, 2017

DASH/USD

DASH continues to look bullish as we rallied on Friday, reaching the $190 level. It’s likely that we will go looking for the $200 level after that, and a break above there would be even more bullish. I believe in buying pullbacks as it offers value in a market that is obviously very strong. A breakdown from here should send the market looking for support at the $170 level.

LTC/USD

LiteCoin continues to be volatile, but I think it also remains a “buy on the dips” type of market. I believe that the $42.50 level should offer support, and I believe that bounces from there will continue to push the market towards the $47.50 level above, and then the $50 level. I am bullish of the market, as we should continue to see quite a bit of strength. I believe that the absolute “floor” in the market is near the $40 handle.

Thanks for watching, we’ll see you again tomorrow.

 

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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