BTG/USD
Bitcoin Gold rallied significantly during the trading session on Thursday, gaining over 4%. By breaking above the $112 level, the market reach towards the $119 level before pulling back and find support above the $112 level again. I think that eventually the market will probably go towards the $120 level above, which is an area that will cause a bit of a push back. If we can clear that area, I think that we will continue to grind towards the $150 level. In the meantime, I think that the market has a massive support level underneath at the $105 region.
BTG/USD DASH USD and XMR USD Video 02.03.18
DASH/USD
DASH rallied as well, reaching towards the $620 level. We are in the midst of a lot of noise though, so I think we may have to pull back to build up the necessary momentum to continue to go higher, perhaps reaching towards the $650 level. I think that the market is very noisy, and I believe that the $580 level underneath is a significant “floor” in the market. I think that longer-term, the market could go to the $750 level, and then to the $800 level. If we were to break down below the $560 level, the market should break down significantly.
XMR/USD
The Monero markets also rally, gaining over 6% as I record this. We’ve and broke above the $300 level, signifying that perhaps we are starting to see more momentum into this market. If we can clear the $310 level, I believe that point the market should then go to the $325 level. I believe that there is massive support underneath, especially near the $285 level.
