Alt coins rally as both Bitcoin and Ethereum do the same

BTG/USD

Bitcoin Gold rallied a bit during the trading session on Thursday, following Bitcoin and Ethereum themselves. I think that the market should continue to drift a bit lower though, as the US dollar of course is strengthening longer-term in the currency markets. I think that the downward trend is still very much in fact, and I believe that the sellers will return sooner rather than later.

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DASH/USD

The DASH market has rallied a bit as well, but is already starting to show signs of weakening, and I think that it is only a matter of time before we go back towards the $300 level, an area that could continue to be important based upon the large, round, psychological significance of the number. I think that if we break down to the $280 level, we will probably break down through there and go even lower. As far as buying is concerned, we need to break above the $350 level for me to consider it.

XMR/USD

Monero has gone back and forth during the trading session on Thursday, gaining a little over 1%. The market seems to have a significant amount of support at the $150 level underneath, but if we were to break down below the $145 level then I think the market would go much lower, perhaps breaking down another $25 or more.

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BTG/USD DASH USD and XMR USD Video 01.06.18