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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

DASH/USD and LTC/USD Technical Analysis June 30, 2017

newsbtc
newsbtc
1 year ago
1 min read
dashusd

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Hello and welcome to News BTC’s Market Outlook June 30.

DASH/USD

DASH tried to rally during the Thursday session, but found the $190 level to be too resistive. Because of this, we turned around to form a bit of a shooting star and it looks like we may need to pull back to find more support and more importantly, momentum. Longer-term, it looks as if we are still trying to build up momentum to break above the $200 level. Look for major support near the $160 handle.

LTC/USD

LiteCoin fell as well, reaching towards the $37.50 level. We still see a significant amount of support in this area, extending down to the $35 handle. We are looking for a supportive candle or some type of short-term bounce to start buying again. Ultimately this market looks as if it wants to test the $50 level, but we will have to break free of the $42.50 level, and then the $47.50 level after that. Longer-term, this market still looks very bullish.

Thanks for watching, we’ll see you again on Monday.

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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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