Daily Altcoin Price Analysis: Dash, Dogecoin, Litecoin

By November 26, 2015Bitcoin Business

DASH Since August 31st, 2015, when DASH CT r: 79 left the largest exchange Bitfinex this cryptocurrency has had to cope with difficult times. Despite its technical originality and regular updates the DASH price continues its downtrend. Most traders are not ready to wait for DASH to be recognized. But, on the level 0.05 – 0.06 it could be a good time to buy, as the number of masternodes isn’t falling, which means that we are talking about speculative attacks. Dogecoin The Dogecoin CT r: 68 price continues its fluctuations on the level of 42 Satoshi and still faces a downtrend. Prospects for the cryptocurrency are vague, with the flat extensions in the interval of 40-42 Satoshi or even lower. So far, the closest level is 32 Satoshi. However, the market is always ready to show a double bottom, and this is not only a problem for Dogecoin, it can happen with any asset. Shorting now is dangerous and and it’s better to wait for some certainty in the market, even if it means sacrificing potential profits. Litecoin Following a long sleep Litecoin CT r: 69 showed a positive trend. Last night there was a way out of the falling trend and the Litecoin price updated to a three-week high, reaching $3.30. This is due to the rise of both the Bitcoin CT r: 6 price to $330 and the pair Litecoin/Bitcoin. Most traders are very happy to leave the level between $3 and $3.20. The 12-hour chart shows the exit from a "flag" figure of technical analysis . Nevertheless, it would be premature to speak about the good prospects for Litecoin, because is tied closely to the price of Bitcoin. The main question now is, if the pair Litecoin/Bitcoin will return to the 0.01250-0.013 range, where it stayed […]

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