DASH/USD and LTC/USD Technical Analysis November 24 2017

Avatar newsbtc 2 years ago

Hello and welcome to News BTC’s Market Outlook November.



DASH continues to look healthy, as we pulled back slightly during the day on Thursday, but found support at the $550 level. I believe that we are trying to build up enough momentum to finally clear the $600 level and stay above there, so we may get some choppiness in the meantime. Ultimately, I think that this remains a “buy on the dips” type of scenario.



Litecoin has rallied again during the day on Thursday, breaking out to fresh, new highs. We are above the $75 handle, so one would expect a slight pullback to go looking for more momentum building pressure. I suspect that a pullback at this point will only offer more buying opportunities as Litecoin looks ready to go much higher.

Thanks for watching, I’ll be back Monday.

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