DASH and Litecoin Analysis December 21, 2017

Christopher Lewis | December 20, 2017 | 2:52 pm
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DASH and Litecoin Analysis December 21, 2017

Christopher Lewis | December 20, 2017 | 2:52 pm

DASH/USD

DASH has gone parabolic during the trading session on Wednesday, slicing through the $1500 level at one point. It looks as if short-term pullbacks will offer buying opportunities though, so therefore I think being careful bullish is probably the best way to go in this market as it looks like a market that is ready to launch much higher.

 

LTC/USD

Litecoin had a very quiet session on Wednesday, but it looks as if we are continuing to try and form a bit of support just below, with $300 being a very important level overall. I believe that buying the dips continues to be the way going forward as Litecoin looks very bullish.

Thanks for watching, I’ll be back tomorrow.

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  • Riff

    How can you disregard the fact that litecoin’s founder just dumped all his coins while offering an insufficient explanation for doing so?

    • jake

      he donated/sold them to focus more on development without looking like a shill.

    • actually he explained it

  • Jonas

    The better question is why did Coinbase employees inflate Bitcoin cash, knowing that it was the next one to be on its exchange. Hmm.

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