Alt Coins Price Forecast March 9, 2018, Technical Analysis

BTG/USD

Bitcoin Gold fell a bit during trading on Thursday, after initially trying to break out above the $92 level. We are starting to see a bit of stabilization though, so that could help going forward as the market will try to catch its breath after the massive selloff. The $100 level above will probably be significantly resistive though, so it’s not until we break above there that I think we could continue to go higher for any significant amount of time. The alternate scenario is a breakdown below the $85 level, sending this market down to $75 next.

BTG/USD DASH USD and XMR USD Video 09.03.18

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DASH/USD

The DASH traders on Thursday were very choppy, bouncing around just above the $500 level. This is an area that has a certain amount of psychological importance built in obviously, so do not be surprised at all to see market participants go back and forth. I think if we were to break down below the $480 level, DASH will drift down to the $450 level. Alternately, if we break above the $550 level, the market could go higher and reach towards the $625 level after that.

XMR/USD

Monero markets were very negative during trading on Thursday, as we have broken down towards the $300 level. I believe that level needs to hold as support for the market to continue to go higher longer term. If it does not, I think we will unwind towards the $260 level next. The alternate scenario is a break above the $330 level, which would send this market looking for $360.

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