DASH and Litecoin Analysis 1/9/2018

DASH/USD
DASH rolled over a bit during the trading session on Monday, as the $1200 level has offered quite a bit of resistance. I think there is significant support below at the $1000 level though, so at this point I suspect we are witnessing a nice opportunity to take advantage of value. At the first sign of a bounce, I’m willing to start buying again.

LTC/USD
Litecoin rolled over as well, looking likely to test the $225 level. Ultimately, I think the $200 level underneath is the “floor”, and at this point I’m willing to buy dips that show signs of support as well. If we can break above the $300 level, we more than likely go looking towards the $350 level next.