DASH/USD and LTC/USD Technical Analysis July 25, 2017

Hello and welcome to News BTC’s Market Outlook July 25.[embedded content]

DASH/USD

DASH looked slightly bullish during the day on Monday, as we broke above the $202 level. The market looks likely to test the $210 level where it will face a significant amount of resistance. Short-term pullback should continue to be buying opportunities as we are most certainly in an uptrend and may need to build up the necessary momentum to break out.

LTC/USD

LiteCoin went sideways at the beginning of Monday, and essentially is hovering near the $45 level. I still believe in the uptrend overall though, so I think short-term pullbacks will be opportunities to cumulate more. If the market does break above the $48 level, the market then should go looking for the $56 level above which was the most recent high.

Thanks for watching, we’ll see you again 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.

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Source: Newsbtc