DASH/USD and LTC/USD Technical Analysis October 25 2017

newsbtc

Last Updated: June 11, 2024 1:22 pm

1 min read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

DASH/USD

DASH continues to look very volatile, initially falling during the session on Tuesday, but turning around as Bitcoin had quite a few issues during the day. We have reached towards the vinyl $300 level, and I think that if we can break above there, the market could continue to go much higher. A break above the $300 level should be the next leg up, reaching towards the $315 level next.

LTC/USD

Litecoin rallied significantly as well, reaching towards the $60 level, which is where we start to see a significant amount of resistance. A break above the $62 level should send the market to the upside, becoming more of a “buy-and-hold” situation. I think it is likely that we could pull back from here, but I expect to see a lot of support near the $56 handle underneath.

Thanks for watching, I’ll be back tomorrow.

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.