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Hello and welcome to News BTC’s Market Outlook September 28.
DASH continues to go back and forth, as we hover around the $345 level. The market looks likely to go higher though, and I believe it’s only a matter of time before we break above the $355 level, perhaps reaching towards the $365 level. Underneath, the $335 level should offer support, and essentially be the bottom of the market in the short term. Ultimately, I think that the markets will continue to find buyers.
Litecoin rallied a bit during the day, reaching towards the $55 level, but then pulled back slightly. Ultimately, the market looks likely to find buyers underneath, and as a result I look at these pullbacks as value. If we break above the $55 level, the market should continue to go much higher.
Thanks for watching, I’ll be back tomorrow.