DASH and Litecoin Analysis December 12, 2024
technical analysis

DASH and Litecoin Analysis December 12, 2024

THELOGICALINDIAN - DASHUSD

DASH continues to be actual choppy, basic a bit of a “W pattern” over the weekend. Because of this, I accept that we are eventually activity to breach out to the upside but a move aloft the $800 akin is all-important for drive to body and accelerate it abundant higher. In the meantime, concise pullbacks ability be opportunities to body a position, with the $600 akin alms a “floor.”

 

LTC/USD

Litecoin took off on Monday, breaking aloft the $180 level, and looks acceptable to ability appear $200 next. However, we are accepting a bit overextended, and the aggregate isn’t necessarily that impressive. Because of this, I would delay for pullbacks to booty advantage of bullish pressure, and would be actual absorbed in affairs Litecoin abreast the $160 handle. I accept $200 will account a assertive bulk of resistance.

Thanks for watching, I’ll be aback tomorrow.