DASH/USD and LTC/USD Technical Analysis April 26, 2017

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Hello and welcome to News BTC’s Market Outlook April 26.

DASH/USD

DASH has been choppy over the last 24 hours, as we continue to find the $72 level as a bit of an equilibrium. Currently, there is significant support at the $70 handle while there is also significant resistance at the $74 level. Expect back and forth range bound type of trading with buying opportunities near $70, and selling opportunities near $74. Having said that, I still favor the upside.

LTC/USD

LiteCoin continues consolidation just below the $15 level, with significant support at $14. Dips at this point in time seem to be buying opportunities as the market is most certainly in an uptrend. In fact, we can break down all the way to the $13 level and still be very healthy looking. Currently, it looks as if we are trying to form some type of bullish flag, which is a very bullish sign.

Thanks for watching and see you again tomorrow.