Home Litecoin DASH and Litecoin Analysis January 3, 2018

DASH and Litecoin Analysis January 3, 2018



DASH rallied a bit during the trading session on Tuesday, and as we continue to consolidate. The $900 level underneath being the “floor”, while the $1200 level above is the “ceiling.” The market does have a slight tilt to the downside though, so it will probably be difficult to break out above the $1200 level. However, if we do we could see this market goes high as $1500 relatively rapidly.


Litecoin has broken above a descending trend line, showing signs of bullish pressure again. At this point, I suspect that it’s likely to reach the $300 level, and that the $225 level should offer a bit of support. Now that holiday trading is over, the fact that we broke out shows just how confident the buyers have become again.

[embedded content]

Thanks for watching, I’ll be back tomorrow.

This article was curated from Google News. You can read the original article here.