Litecoin
The Litecoin CT r: 67 price continues to fall from about $3.60 to $3.50 and below. The pressure from the Bitcoin CT r: 8 price corrections from the level of $380 has a major influence on the LTC/BTC pair, the ratio was established at the level of 0.095 and shows a trend for further reduction. We need to consider the behavior of Bitcoin (whether it is going to test $420), but the focus is on the pair LTC/BTC. By looking at the two-weeks chart and today we understand that there are no reason to buy Litecoin right now. DASH
DASH CT r: 77 hasn’t changed its position greatly since yesterday. Now it’s in a downtrend and at the level of 0.056. Perhaps, there it makes no sense to draw lines of a trend, and so everything is clear. We expect the DASH price to go to 0.05, and the sooner it reaches this level the better for everyone. Recommendations are the same: place orders on Poloniex at a price slightly lower than 0.05 or slightly higher than 0.05. I will probably place my orders lower. Panic sometimes does bad things to people, and it is possible that some people will get rid of DASH at a ridiculous 0.033-0.04. It would be excellent as DASH has potential to update not only its price bottoms, but also its tops. Dogecoin
Dogecoin CT r: 61 fell slightly down on Cryptsy by 5.65% in a day, and now it’s on the level of 36-37 Satoshis. Trading volumes rise every day – nearly 90 BTC per day already – which shows a keen interest by sellers. Just a month ago Dogecoin went down from about 40 Satoshis reaching a bottom of 32. I don’t think that we will manage to repeat the same […]
