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

newsbtc

Last Updated: June 11, 2024 1:29 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.

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.

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.