Dash and Litecoin Analysis January 23, 2018

newsbtc

Last Updated: June 11, 2024 9:03 pm

1 min read

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 broke down below the $800 level during Monday trading, showing signs of weakness yet again. Crypto currencies are starting to roll over, and I think this one is going to go to at least the $700 level before finding support, and more than likely the $600 level. If you have the ability to short –, you may wish to do so.

LTC/USD

Litecoin rolled over a bit during the trading session on Monday, as we continue to see negativity in the crypto currency markets overall. We also have a lack of volume, and that is not a good sign either. I suspect we’re going to go looking towards the $150 level next, and it’s not until we break above the $225 level that I think the buyers will take over.

Thanks for watching, we will see you tomorrow.

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.