DASH/USD and LTC/USD Technical Analysis July 20, 2017

newsbtc

Last Updated: June 11, 2024 1:22 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 July 20.

DASH/USD

DASH rally during the day on Wednesday, slicing through the $170 level. We still have quite a bit of resistance above though, and it looks like we are starting to roll over little bit. With this being the case, it’s likely that we may get a bit of a pullback during the session but the $150 level should offer support. Alternately, if we did break above the top of the range for the session, the market could go much higher.

LTC/USD

LiteCoin pulled back during the session on Wednesday, as we are now below the $42 level again. It looks as if $45 is starting offer significant resistance. If we break down from here, that could be a very bad sign. Alternately, if we can break above $45, then it’s time to start buying again as it shows that the market is starting to show real resiliency.

Thanks for watching, we’ll 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.