Yahoo Finance Alt coins continue to fall during Tuesday session
BTG/USD
Bitcoin Gold fell again during the day on Tuesday as we have made a fresh, new low now. Because of this, it looks like we will continue to go lower, perhaps reaching towards the $50 level. The $50 level of course will have a significant effect on the market as it is a large come around, psychologically significant number, and one that should attract a lot of attention.
DASH/USD
The DASH market has also fallen during the day, testing the $370 level. On a break below that level, the market is very likely to go down to the $350 level underneath, which of course has a lot of psychological importance. I believe that the market will continue to find a lot of interest in that area, but if we were to break down below the $350 level, it would be very negative and could send this market much lower. At this point, it looks like the $400 level above is a bit of a short-term “ceiling” in the market as we have seen trouble more than once.
XMR/USD
Monero has also fallen during the day, breaking down towards the $185 level, before finding a slight bounce. The market looks likely to try to bounce from here, but I think the sellers will become very active on any signs of strength, especially if there is any exhaustion. I believe that the market is more than likely going to go looking towards the $180 level, the $175 level, and then eventually the $150 level.
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BTG/USD DASH USD and XMR USD Video 23.05.18
This article was originally posted on FX Empire
