DASH and Litecoin Analysis December 11, 2017

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 be very volatile, and at one point tested the $780 level, before dropping $100. Because of this, it is obvious to me that we still are trying to build a bit of a base, perhaps centered around the $650 level. Longer-term, I do think that the buyers continue to win the day, but be very cautious and add to your position slowly.

LTC/USD

Litecoin continues to see buyers during the Friday session, as we are reaching towards the vital $105 level. Move above there continues the longer-term uptrend, perhaps sending the market to the next psychologically important figure, $110. In the meantime, it looks as if the vital $90 level did offer enough support to keep the buyers happy. I like buying dips, and building a larger position for a longer-term run.

Thanks for watching, I’ll see you again next time.