DASH and Litecoin Analysis December 11, 2017


DASH continues to be very volatile, and at one point tested the $780 level, before dropping $100. Because of this, it is obvious to me that we still are trying to build a bit of a base, perhaps centered around the $650 level. Longer-term, I do think that the buyers continue to win the day, but be very cautious and add to your position slowly.



Litecoin continues to see buyers during the Friday session, as we are reaching towards the vital $105 level. Move above there continues the longer-term uptrend, perhaps sending the market to the next psychologically important figure, $110. In the meantime, it looks as if the vital $90 level did offer enough support to keep the buyers happy. I like buying dips, and building a larger position for a longer-term run.

Thanks for watching, I’ll see you again next time.


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