DASH and Litecoin Analysis January 17, 2018

Ticker

1 BTC = $48723.13 USD  (via Coinbase)
1 ETH = $1514.01 USD  (via Coinbase)
1 LTC = $182.77 USD  (via Coinbase)
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Kryptous

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DASH/USD

DASH continues to be a bit of a grinder, dropping down towards the $800 level. The volume has been picking up, but on the 4-hour chart we had formed a massive hammer. The hammer is a positive sign, but we must break above that candle to start buying, meaning we need to clear the $850 level. Quite frankly, it’s probably a better idea to let the markets stabilize for 24 hours before putting money to work.

LTC/USD

Litecoin markets have rolled over again, reaching down below the $200 level. I see a significant amount of support at the $175 level though, and therefore I think that the buyers will probably return eventually. In a bounce in this area will probably go looking towards the $250 level above. If we break down below the $175 level, the next support level is at $150.

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Thanks for watching, I’ll be back tomorrow.

Kryptous

Crypto Coins News - Ratings - Reviews

1 News - 247 News - 247 Bitcoin - 1 Search

BTC - BCH - ETH - LITE - XRP

Buy Sell Trade Crypto Here

 

Ticker

1 BTC = $48723.13 USD  (via Coinbase)
1 ETH = $1514.01 USD  (via Coinbase)
1 LTC = $182.77 USD  (via Coinbase)
Quotes delayed up to 2 minutes.

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