Alt Coins Price Forecast March 14, 2018, Technical Analysis

BTG/USD

Bitcoin Gold drifted a bit lower during the trading session on Tuesday, reaching towards the $75 level. The $75 level is a significantly supportive area, so if we were to break down below there, the market then would probably be free to go down to the $50 level next. However, we could get a bit of a bounce and perhaps try to reach towards the $85 level. That’s an area that will be resistive. One thing I think that you can count on is that there will be a slow grinding momentum.

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BTG/USD DASH USD and XMR USD Video 14.03.18

DASH/USD

The DASH markets fell during trading on Tuesday as well, reaching down towards the $480 level. The area does offer a bit of support though, so I think that given enough time we will probably reach towards the $510 level if we can get buyers. However, if we do break down below the $470 level, the market will almost certainly go down to the $450 level as it is the next large, round, psychologically significant figure. I expect that we will see a lot of choppiness, but just as the other alt coins, the DASH markets will need to see Bitcoin rally.

XMR/USD

Monero markets have initially tried to rally during the day but then rolled over to reach down towards the $250 level. This is an area that extends down to the $240 level, and therefore I think it can be difficult to break down from here. However, if we were to break down below the $240 level, the market could break down significantly. On the other hand, we could bounce from here and go looking towards $280, which is more likely the case. If Bitcoin rallies, that should help Monero.

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