THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook July 17
DASH/USD
DASH fell hardly during the day on Friday, but continues to acquisition affluence of abutment aloof below. The $160 akin is acting as a bit of a floor, extending bottomward to the $150 level. Longer-term traders are apparently aggravating to body up beyond positions appropriate now, but added than acceptable we will see affluence of alongside activity amid now and back drive builds up. Because of this, I accept that backbone will be needed.
LTC/USD
LiteCoin managed to abatement as able-bodied during the day, but the 4250 akin seems to be supportive. Longer-term, I accept that the buyers will acknowledgment and advance this bazaar higher, but currently I feel as if the bazaar will apparently alluvion a little bit lower, attractive for buyers.
Thanks for watching, I’ll see you afresh tomorrow.