Hello and welcome to News BTC’s Market Outlook September 26.
The DASH markets went sideways during most of the session on Monday, as we continue to reach towards the $350 level. The market looks like it is consolidating, as most cryptocurrencies are cooling off. The markets in general are going to continue the sideways action from what the chart shows. With this, the market is one that I am alright with being on the sidelines currently.
Litecoin continues to look relatively flat as well, as crypto currencies are trying to build up the confidence to go higher. Because of this, I believe that the markets will continue to be quiet, as this is more or less going to be a confidence building exercise. With this, the longer that we go sideways, the more likely we are to find buyers in the long run.
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.