DASH and Litecoin Analysis December 21, 2017

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.

  • 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.

Subscribe to our newsletter



Related Posts