DASH and Litecoin Analysis January 22, 2018

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DASH/USD

DASH continues to try to rebound after the bloodbath in the crypto currency space, but all low-volume like we have seen a lot of the currencies. Currently, the $900 level is the next resistance barrier to overcome, but until we get a strong push in volume, I’m not necessarily convinced. I suspect we will probably see sellers come back given enough time.

LTC/USD

Litecoin markets have rallied as well, but also are missing a lot of the necessary volume to make it a reliable trade. I believe that we will probably see the market roll over and test the $180 level again, but if we were to break above the $225 level, and especially if there’s volume attached to that move, then I would be convinced to start buying.

Thanks for watching, I’ll be back tomorrow.