Yahoo News Alt Coins rally a bit on Friday as major coins do the same
BTG/USD
Bitcoin has rallied a bit during the trading session on Friday, breaking above the $48 level before finding resistance. By doing so, it looks as if were going to pull back a little bit to find a reason to go long. I think that if we can break out above the $50 level, the market should continue to go much higher. I believe there is support at $45 in the meantime, so pay attention to that level as I could give us an idea as to whether the breakout can hold.
DASH/USD
The DASH market broke out to the upside during the session as well, touching $390. The market looks very likely to find buyers underneath though, especially near the $350 level. I think that if we can stay above that level, we will eventually reach towards the $400 level. If we can break above there, the market should then continue to go higher. I expect volatility, but it certainly looks as if the short-term charts are suggesting that we’re going to go higher. That means that we should continue to see a significant amount of “buy the dip” action.
XMR/USD
Monero rallied on Friday, breaking above the $200 level momentarily. There is a lot of support just below though, so I think that the buyers will probably return. This is an area that is going to be very noisy though, so keep that in mind as you buy this market.
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BTG/USD DASH USD and XMR USD Video 16.04.18
This article was originally posted on FX Empire
