DASH/USD and LTC/USD Technical Analysis June 19, 2017

newsbtc

Last Updated: June 11, 2024 1:22 pm

1 min read

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 June 19.

DASH/USD

DASH had a very volatile session on Friday, as we went back and forth around the $160 level. It looks as if the $150 level is trying to act as significant support, so perhaps buying can be done now. Ultimately, it looks as if the market retains its shape as a longer-term uptrend, but crypto currencies have taken a significant beating over the last couple of sessions.

LTC/USD

LiteCoin also had a volatile session during the day on Friday, as we continue to hover around the $28 level. Currently, looks as if we are trying to build up enough momentum to continue going higher and reaching towards the $34 level again, so I suspect that’s the next move. There is a significant amount of support all the way down to the $22 level, so therefore I think that the buyers will return sooner rather than later.

Thanks for watching, all see you again tomorrow.

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.