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