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Hello and welcome to News BTC’s Market Outlook November.
DASH/USD
DASH went sideways during most of the session on Monday, but the weekend was good for the crypto currency space in general. Because of this, we have used $400 as a springboard, and it looks likely that we will continue to go higher. The next move will be to the $480 level, followed very quickly by the $500 in my estimation. Pullbacks continue to offer value.
LTC/USD
Litecoin of course rallied right along with the rest of the crypto currencies over the weekend, as we are approaching $72. The next psychological barrier will be the $75 handle, and at this point, I suspect that the $66 level is going to offer a bit of a “floor.” With that in mind, I am a buyer of dips as they occur.
Thanks for watching, I’ll be back tomorrow.