DASH and Litecoin Analysis January 1, 2018

newsbtc

Last Updated: June 11, 2024 9:14 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 rolled over slightly during the session on Friday, but continues to find plenty of support at the $1000 level. Ultimately, I think that the $1200 level above is resistance. In the meantime, it looks like we are ready to bounce slightly, but I would not expect much in the way of significant moves. Short-term trading opportunities in a back and forth range is what I expect we will see.

LTC/USD

Litecoin rolled over slightly during the trading session on thin volume for Friday. However, I think that the $200 level is going to be targeted, but the support starts at $225 level. Because of that, I’m looking for a buying opportunity. However, if we were to break down below the $200 level, we will probably drift towards the $150 level after that.

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.