Yahoo Finance Alt Coins Price Forecast February 28, 2018, Technical Analysis
BTG/USD
Bitcoin Gold has rallied a bit during the trading session on Tuesday, reaching towards the $120 level. If we can break above the $125 level, I think that Bitcoin Gold will continue to go higher, perhaps reaching towards the $150 level after that. Short-term pullbacks should be buying opportunities, as I believe there is a massive amount of support at the $108 level.
BTG/USD DASH USD and XMR USD Video 28.02.18
DASH/USD
DASH traders went back and forth during the trading session on Tuesday, as the $650 level has offered resistance. If we can break above that level, it’s likely that the market should continue to go higher, perhaps reaching towards the $750 level. I believe that the market has plenty of support underneath as well, and it looks likely that the $600 level could offer a bit of support. I also see support below at the $575 level, so therefore it’s likely that we continue to see a bit of a basing pattern. If we were to break down below the $570 level, that would be extraordinarily negative and send this market lower.
XMR/USD
Monero rallied initially during the day on Tuesday, but as I record this we are giving back quite a bit of the gains. I think there is plenty of support below though, especially near the $280 level, an area that has previously been resistive. I think we are going to try to reach towards the $325 level above, an area that has been resistance more than once. Buying on the dips continues to be the way.
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This article was originally posted on FX Empire
