DASH/USD and LTC/USD Technical Analysis September 22 2017

Hello and welcome to News BTC’s Market Outlook September 22.

DASH/USD

DASH rallied a bit during the day on Thursday, as crypto currencies in general are fairly quiet. In fact, out of the crypto currencies that I follow, DASH was the strongest performer. Because of this, I think that we continue to see buyers on dips, and it could lead the way for other crypto currencies to go higher. A break above the $370 level has this market looking for the $375 level, and then eventually the $400 level.

LTC/USD

Litechttp://s3.amazonaws.com/main-newsbtc-images/2017/09/22075838/ltcusd13.pngoin went sideways as most crypto currencies did during the session, but I think we are building up confidence in the crypto currency markets again, after the Chinese band Bitcoin. This is a bullish sign, because it shows that people are hanging onto their positions. Eventually, we should see impulsivity to the upside, and a move towards the $60 level.

Thanks for watching, 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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