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Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans
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Breaking News: Tether Targets $500 Billion Valuation In New Equity Offering Amid US Expansion Plans

DASH/USD and LTC/USD Technical October 3 2017

newsbtc
newsbtc
1 year ago
1 min read
dashusd

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

DASH/USD

DASH fell again during the session on Monday, drifting down to the $314 level. This market should have plenty of support below though, so I think that this pullback is going to be just that, a pullback. I suspect that adding to your position in small incremental probably be the best way to trade this market as it rallies again. Currently, I have no interest in selling until we break well below the $300 level.

LTC/USD

Litecoin had a slightly negative session on Monday, losing about two dollars. The market currently sits just above the $53 level, where I see support. I think that a break above the $55 level would be very bullish, and I believe it’s coming. However, buying on the dips continues to be the best strategy with Litecoin.

Thanks for watching, I’ll be back 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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