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Hello and welcome to News BTC’s Market Outlook September 18.
DASH had a very choppy session on Friday, dropping down to the $220 level, but finding enough support to turn around and form a bullish looking move. If we can break above the $270 level, I think that the market will probably go looking towards the $300 level above. I also believe that there is significant support below the $220 level, extending down to the $200 level beneath.
Litecoin fell to the $33 level, but then bounced significantly as most crypto currencies had seen a reversal in their fortunes as the Americans will go. If we can break above the $50 level, I feel that Litecoin will continue the longer-term uptrend, offering buying opportunities on short-term pullbacks.
Thanks for watching, I will be back tomorrow.