Hello and welcome to News BTC’s Market Outlook June 23.[embedded content]
The DASH/USD market initially fell during the day on Thursday, but found enough support at the $170 Regent turn around and form a very bullish looking candle. It looks as if we are heading back to the $200 level in the short-term, and possibly break above their and the longer-term. It looks as if we can continue to buy the dips as we go forward.
The LiteCoin market initially fell as well, but found enough support at the $42.50 level to turn around and rally again. It looks as if the market is trying to reach the $50 level over the longer-term, so therefore short-term pullback should offer buying opportunities in what looks to be a very bullish market in general. I believe that the $40 level underneath is massive support.
Thanks for watching, we’ll 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.