Home Litecoin DASH and Litecoin Analysis December 29, 2017

DASH and Litecoin Analysis December 29, 2017



DASH continues to be volatile against the US dollar, as we have slammed into the $1000 handle. Currently, we are in very thin markets, as we are between 2 major holidays. Because of this, I think we are more apt to continue the overall consolidation. That means we could very easily bounce towards the $1200 level. However, if we were to break down below the $900 level that would be cause for concern.


Litecoin had a slightly negative session on Thursday, but we have enough support just below to keep me somewhat optimistic. I think we could drift towards the $275 level without much effort, as the $225 level underneath offer significant support. With low-volume, I would not expect much of the next couple of sessions, but certainly it looks as if we could settle into a nice tight range between $200 on the very bottom, and $300 and the very top.

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