Alt Coins Price Forecast March 29, 2018, Technical Analysis

BTG/USD

Bitcoin Gold bounced from the $52 level during trading on Wednesday, reaching towards the $56 level as the Americans stepped on board. This is important, as it shows that there might be a bit of flight left in Bitcoin Gold near the $50 level, and this was most certainly in reaction to both Bitcoin and Ethereum rallying during the day. However, I would caution you that this is not the beginning of something major, rather it is going to end up being an opportunity to start shorting again at levels above. I would be particularly interested in shorting this market near the $60 handle.

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DASH/USD

The DASH market rallied as well, reaching towards the $370 level during early trading. However, it already looks as if it is trying to roll over a bit, so I suspect that – sellers are still in control of the market and will make another attempt at breaking below the $350 level. If they do, that could open the door to the $300 level next. I have no interest in buying DASH until we get above the $400 handle. I anticipate that sellers will look at this as an opportunity to get involved yet again.

XMR/USD

Monero markets had a positive session as well, reaching as high as $205 at one point before pulling back. However, it looks as if the $200 level is trying to offer resistance, and because of this, I think that the sellers are going to get involved rather soon. Monero has behaved poorly for quite some time, but now looks as if it is consolidating more than anything else. I continue to sell rallies at this point, and don’t have any interest in buying.

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BTG/USD DASH USD and XMR USD Video 29.03.18