DASH/USD and LTC/USD Technical Analysis October 31 2024
technical analysis

DASH/USD and LTC/USD Technical Analysis October 31 2024

THELOGICALINDIAN - DASHUSD

DASH continues to be actual choppy, as we acquisition the $300 akin to be resistance. On the 4-hour chart, it’s bright that the aftermost brace of weeks accept apparent sellers in that region, but the best contempo low was a bit college than the antecedent one, accepting about $10. Because of this, I accept that the drive is alive to the upside again, and that it’s alone a amount of time afore DASH break out. Move aloft the $305 akin would accept me activity long. In the meantime, apprehend a lot of aback and alternating and if you are a longer-term blazon of investor, it may be an befalling to alpha architecture a position.

LTC/USD

Litecoin continues to attempt abreast the $58 level. However, I anticipate there is abundant abutment beneath and a abeyant uptrend band could appear into comedy almost soon. I anticipate that eventually we will go attractive appear the $60 level, followed by $62, and again $66. If we were to breach bottomward beneath the $52 level, there is a massive bulk of adjustment breeze abreast the $50 handle, putting a bit of a “floor” in the market.

Thanks for watching, I’ll be aback tomorrow.