BTG/USD

Bitcoin Gold fell again on Friday, losing 4%. Markets continue to be a negative overall, and I think that at the first signs of exhaustion sellers will come into this market. I think that the market for Bitcoin Gold is going to continue to be very soft, and I think it’s only a matter of time before we go down to the $35 handle. In fact, I have no interest in buying this market at all. Any chance to get the short Bitcoin Gold should be taken advantage of.

Get Into Dash Trading Today

DASH/USD

DASH fell during the trading session on Friday, as we continue to see softness in all of coins and crypto currencies in general. It looks as if we’re going to go reaching towards the $275 level, and perhaps even the $250 level after that. The 20 SMA of the Bollinger Band indicator should continue to offer dynamic resistance as well. I believe that we will continue to see sellers jump into this market as crypto currencies in general cannot tune to pick up the fee. Dash won’t be any different.

XMR/USD

Monero fell during the session again, reaching towards the $160 level. Quite frankly, I think that we can go down to the $150 handle, which should be supportive, and a breakdown below there should unwind this market quite drastically, reaching to the $125 level, followed by the $100 level. This is a market that simply cannot be bought, at least not until Bitcoin or Ethereum finds a way to rally longer term.

Buy & Sell Cryptocurrency Instantly

BTG/USD DASH USD and XMR USD Video 09.04.18

This article was originally posted on FX Empire

More From FXEMPIRE:

• US dollar falls against Canadian dollar during the week

• Bitcoin in Search of $7,000 as the Cryptomarket Makes a Move

• NZD/USD continues to bounce around the 0.7250 level

• Bitcoin tries to rally during the week, but it shows failure yet again

• The British pound rallies against the Japanese yen after initial fall this week

• Bitcoin Cash, Litecoin and Ripple Daily Analysis – 07/04/18