Hello and welcome to News BTC’s Market Outlook September 14.
DASH/USD
DASH fell significantly on Wednesday, reaching towards the $282 level. By doing so, we have sliced through psychological support at the $300 level, and it now appears that rallies will offer short-term selling opportunities. I believe that the markets will probably try to find their footing given enough time, but quite frankly it’s a market that looks a little bit shaken, so I would be hesitant to start buying.
LTC/USD
Litecoin fell significantly as well, but bounced from the $58 level. That of course is a supportive sign, but I would need to see this market clue the $64 level to actually put money to work. At that point, I think that Litecoin would go towards the $72 handle.
Thanks for watching, 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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