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DASH and Litecoin Analysis January 5, 2018

DASH/USD

DASH continues to be a bit volatile, but we are underneath the downtrend line that makes the top of the downtrend in channel. If we can break above the $1200 level, the market could continue to go higher, perhaps reaching towards the $1400 level. If we break down below the $1000 level, then I think we go down to the $850 level.

 

LTC/USD

Litecoin fell a bit during the trading session on Thursday, but I think there is plenty support below at the $200 level to keep this market afloat. We may drift down towards that area, but right now I think the volume simply isn’t there, meaning that we are going to go back and forth.

Thanks for watching, I’ll be back tomorrow.

The post DASH and Litecoin Analysis January 5, 2018 appeared first on NewsBTC.

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