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Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow
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Breaking News: REX Shares Claims Its DOGE And XRP Spot ETFs Will Be Approved By US SEC Tomorrow

DASH/USD and LTC/USD Technical Analysis July 13, 2017

newsbtc
newsbtc
1 year ago
1 min read

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Hello and welcome to News BTC’s Market Outlook July 13.

DASH/USD

DASH continues to chop around, but it did find support at the $160 level, an area that I thought was vital. Because of this, I think that eventually we will break out to the upside and that we are essentially in an accumulation phase at the moment. With this in mind, I’m a buyer on dips, as long as we can stay above the vinyl $150 handle.

LTC/USD

LiteCoin continues to chop around, but more importantly, continues to find support just above the $40 handle. Because of this, I believe it’s only a matter of time before we rally and go back towards the highs again. I am a buyer, and I recognize that the market is simply trying to build up enough momentum to break out to the upside and finally clear the $55 handle.

Thanks for watching, see you again tomorrow.

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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.

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