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DASH/USD and LTC/USD Technical Analysis July 3, 2017

newsbtc
newsbtc
1 year ago
1 min read

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Hello and welcome to News BTC’s Market Outlook July 3.

DASH/USD

DASH continues to look bullish as we rallied on Friday yet again. The $190 level above offers a bit of resistance, but the real barrier is the $200 level. Because of this, I think that short-term pullbacks continue to be buying opportunities and we will eventually break out above $200 and continue to go much higher. This isn’t to say that is can be easy to do, but it looks as if the market wants to break the $200 resistance barrier.

LTC/USD

LiteCoin continues to look bullish, but not nearly as bullish as DASH has been. The $37.50 level continues to offer support, but the $42.50 level continues to offer resistance. Once we break above the $42.50 level, then the market should be free to go to $47.50 again. This is still a “buy on the pullbacks” type of market.

Thank you for watching, we’ll 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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