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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident
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Breaking News: Coinbase Confirms DOJ Investigation Following Major Security Incident

DASH and Litecoin Analysis January 19, 2018

newsbtc
newsbtc
1 year ago
1 min read
itcusd

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DASH/USD

Dash traders rallied during the session on Thursday, breaking above the $800 level. However, even though this is a bullish move, we have a significant lack of volume. The question now is will we see more people coming back into this place? A break above the $900 level would be a bit more convincing, but at this point I think that it’s likely that we will see a move below $750 again.

 

LTC/USD

The Litecoin markets rallied slightly as well, but on even less volume. We are reaching towards the 20 SMA in the Bollinger Band indicator, so it’s likely that this market continues to roll over going forward, especially considering that there is a serious lack of volume. I think that we will test the lows again.

Thanks for watching, I’ll be back tomorrow.

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