DASH/USD and LTC/USD Technical Analysis April 27, 2017

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 April 27.

DASH/USD

DASH continues to grind sideways against the US dollar, but has found a little bit of support at $72 level. As we approached the $73 level we pulled back, but I still believe that the market will try to make its way towards the $74 handle. This is a longer-term investment, and difficult to trade from the short term perspective. $70 below still continues to offer massive support.

LTC/USD

LiteCoin continues to find support below, this time at the $16 level. By forming a hammer during the day, it looks as if the market is ready to break out and above the $17 level. Given enough time, I expect this market to go much higher, especially considering the impulsivity that we have seen over the last several weeks. I have no interest in selling, and believe that the buyers will return again and again.

Thank you for watching and see you again tomorrow.