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Breaking News: A Stealth Force In Derivatives—Why Bitcoin Can’t Punch Past $80,000 Yet
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Breaking News: A Stealth Force In Derivatives—Why Bitcoin Can’t Punch Past $80,000 Yet

DASH/USD and LTC/USD Technical Analysis July 25, 2017

newsbtc
newsbtc
Last Updated: June 11, 2024 1:22 pm
1 min read
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Hello and welcome to News BTC’s Market Outlook July 25.

DASH/USD

DASH looked slightly bullish during the day on Monday, as we broke above the $202 level. The market looks likely to test the $210 level where it will face a significant amount of resistance. Short-term pullback should continue to be buying opportunities as we are most certainly in an uptrend and may need to build up the necessary momentum to break out.

LTC/USD

LiteCoin went sideways at the beginning of Monday, and essentially is hovering near the $45 level. I still believe in the uptrend overall though, so I think short-term pullbacks will be opportunities to cumulate more. If the market does break above the $48 level, the market then should go looking for the $56 level above which was the most recent high.

Thanks for watching, we’ll 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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