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Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
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Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

DASH/USD and LTC/USD Technical Analysis June 21, 2017

newsbtc
newsbtc
1 year ago
1 min read
ltcusd

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Hello and welcome to News BTC’s Market Outlook June 21.

DASH/USD

DASH fell slightly on the open for the Tuesday trading session, and then bounced towards the $200 level again. The $200 level continues to offer a significant amount of resistance though, so look to buy on dips as we are not quite ready to break out to the upside yet.

LTC/USD

LiteCoin struggled a bit during the day, initially breaking above the $48 level, but turning around to form a bit of a negative candle. It looks as if the market needs the pullback to build up momentum, most likely near the $42.50 level. That level should continue to offer buying pressure, just as the $40 level underneath there will as well. Looking for bounces and supportive candle is at lower levels seems to be the best way to play this market.

Thanks for watching and we will see 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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