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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning
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Breaking News: Bitcoin Hits ATH Of $112,000, Expert Predicts Rally Is Just Beginning

DASH/USD and LTC/USD Technical Analysis May 30, 2017

newsbtc
newsbtc
1 year ago
1 min read
dashusd

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Hello and welcome to News BTC’s Market Outlook May 30.

DASH/USD

DASH in a positive session on Monday, initially reaching all the way towards the $119 level, but gave back some of the gains. Nonetheless, it is obvious that we are fighting our way to the upside, and it appears that the $104 level is starting to offer significant support. Because of this, if you can handle the volatility, this could be a nice buying opportunity.

LTC/USD

LiteCoin rally during the day, but just barely. The $24 level offered enough resistance to cause downward pressure, so at this point if we can break above the $25 level, I would be more convinced than willing to buy. Until then, I think it’s probably best left alone as it looks like it is trying to for some type of basing pattern.

Thanks for watching and 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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