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DASH/USD and LTC/USD Technical Analysis November 27 2017

newsbtc
newsbtc
Last Updated: June 11, 2024 1:19 pm
1 min read
dashusd

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

DASH/USD

dashusd

DASH continue to go sideways during the day on Friday, as the markets seem to be settling on the $550 level. I believe that ultimately we will find buyers, but we may need to pull back slightly in order to offer value. Currently, I believe that the $500 level is going to offer a bit of a “floor”, but eventually we will break above the $600 level and continue to go much higher.

LTC/USD

ltcusd

Litecoin pulled back during the trading session, but found enough support to rally and reach towards the highs again. I think Litecoin continues to be a “buy on the dips” market, and that we will eventually go looking towards the $80 level. The $70 level below offers significant support, and I think will continue to be an opportunity for buyers to pick up value if we do pull back to it.

Thanks for watching, I’ll be back 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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