DASH/USD and LTC/USD Technical Analysis July 24, 2017

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Last Updated: June 11, 2024 1:22 pm

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Hello and welcome to News BTC’s Market Outlook July 24.

DASH/USD

DASH rallied during the day on Friday, as we are approaching the $200 level. A break above here should send this market looking for the $230 level next. Short-term pullbacks could happen, but we look at those as momentum building exercises, with support coming back into the marketplace near the $180 level.

LTC/USD

LiteCoin initially tried to rally during the day but fell a bit flat. It looks as if the market is trying to consolidate, as we are sitting just above the psychologically important $45 level. Look for choppy trading conditions with more of an upward bias than anything else.

Thanks for watching, we’ll see you again tomorrow.

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