Hello and welcome to News BTC’s Market Outlook November.
DASH continue to go sideways during the day on Friday, as the markets seem to be settling on the $550 level. I believe that ultimately we will find buyers, but we may need to pull back slightly in order to offer value. Currently, I believe that the $500 level is going to offer a bit of a “floor”, but eventually we will break above the $600 level and continue to go much higher.
Litecoin pulled back during the trading session, but found enough support to rally and reach towards the highs again. I think Litecoin continues to be a “buy on the dips” market, and that we will eventually go looking towards the $80 level. The $70 level below offers significant support, and I think will continue to be an opportunity for buyers to pick up value if we do pull back to it.
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.
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