Yahoo Finance Alt Coins Price Forecast – alt coins making a base?
BTG/USD
Bitcoin Gold fell 2% during the day on Friday but continues to look very sideways more than anything else, which of course is a good sign considering how bad things had been. If we can turn around to break above the $35 level, we could run towards $38 after that, and then possibly even $40. Otherwise, it’s likely that a break down from here could send this market looking towards the $30 level underneath.
DASH/USD
DASH was down about 2% during the day as well but looks to be trying to form some type of base around the $250 level. However, I would not be a buyer until we cleared the $280 level, as it would produce a “higher high.” This market will of course be moved to buy at that point, as it is a technical turn around. Remember that both Bitcoin and Ethereum have a major influence on other crypto currencies such as DASH.
XMR/USD
Monero drifted a little bit lower during the day, losing 6% on Friday, as we continue to see this market underperform any of the other ones. However, the weekly candle is a bit of a hammer, so we could be in the beginning of a basing pattern. If we can turn around and break above the $133 level, we are likely to go looking towards the $150 level above. Otherwise, look for this market to revisit the $100 handle.
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ALT Coins DASH USD and XMR USD Video 18.06.18
This article was originally posted on FX Empire
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