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DASH/USD and LTC/USD Technical Analysis October 18 2017

newsbtc
newsbtc
1 year ago
1 min read
dashusd

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Hello and welcome to News BTC’s Market Outlook October 18.

DASH/USD

DASH fell slightly during the day on Tuesday, testing the $298 level. I think there is significant support underneath that the $295 level as well, so I think that we will probably get a bit of a bounce soon. Once we do, the market should then go towards the $300 level. Ultimately, we will break above there and reach towards the $310 level as well. Given enough time, the markets should find reason enough to resume the longer-term uptrend.

LTC/USD

Litecoin markets also are slightly negative during the day, but seem to be finding support near the $60 level. The market rallying from here makes sense, and we should go to the $65 level, and then eventually reaching towards the $70 level after that. Litecoin is a market I like, and that should be plenty of buying pressure coming soon.

Thanks for watching, I’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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