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