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Hello and welcome to News BTC’s Market Outlook November.
DASH went sideways during most of the session on Monday, but the weekend was good for the crypto currency space in general. Because of this, we have used $400 as a springboard, and it looks likely that we will continue to go higher. The next move will be to the $480 level, followed very quickly by the $500 in my estimation. Pullbacks continue to offer value.
Litecoin of course rallied right along with the rest of the crypto currencies over the weekend, as we are approaching $72. The next psychological barrier will be the $75 handle, and at this point, I suspect that the $66 level is going to offer a bit of a “floor.” With that in mind, I am a buyer of dips as they occur.
Thanks for watching, I’ll be back tomorrow.