DASH/USD
DASH continues to look bullish overall, yet choppy. I believe that the $360 level above will offer significant resistance, but if we can break above there we should see this market go much higher. I think that pullbacks at this point should attract a lot of attention, with $300 being relatively supportive.
LTC/USD
Litecoin has rolled over during the day on Friday, but seems to be finding enough support near the $60 level to attract attention and turn the market around. I think that we will eventually go higher, and that this pullback has offered value. Ultimately, the recent surge higher I believe has attracted a lot of attention, and now that we pulled back a little bit, it’s likely that value hunters are coming into the marketplace.
Thanks for watching, I’ll be back tomorrow.
Disclaimer: The information contained herein is not guaranteed, does not purport to be comprehensive and is strictly for information purposes only. It should not be regarded as investment/trading advice. All the information is believed to come from reliable sources. NewsBTC does not warrant the accuracy, correctness, or completeness of information in its analysis and therefore will not be liable for any loss incurred.