BTG/USD DASH USD and XMR USD Price Forecast November 30, 2017, Technical Analysis

BTG/USD

Bitcoin Gold did very little during the trading session on Wednesday, only reaching as high as $340, which I find a bit surprising considering that actual Bitcoin broken significantly above the $10,000 handle, and even higher. Because of this, I thought that this market would continue to rally, so this tells me that Bitcoin Gold is more than likely going to continue to lag Bitcoin. Nonetheless, it certainly looks as if the market is going to rally over the longer term, but I think that perhaps we have a bit of base building to do in this general vicinity. The $300 level has offered support, and I would expect it to going forward. By building a position to the upside in a slow manner, I think you can take advantage of the overall uptrend.

Get Into Dash Trading Today

BTG/USD DASH USD and XMR USD Video 30.11.17

---

Suggested Articles

• How to Buy Bitcoin Cash?
• Top Five Cryptocurrencies Experts Talk about Bitcoin, Blockchain and ICO’s
• How Blockchain will change our Life, Economy and the World

---

DASH/USD

DASH continues to be very volatile, taking off to the upside during the trading session on Wednesday, and reaching as high as $760. I believe that it is only a matter of time before the buyers come back to this market, as we have seen such a massive move higher and we will certainly have attracted a lot of attention in doing so. I think there is a bit of a base at the $650 level, as it was a significant resistance barrier previously. I like buying these dips, because I believe that DASH is going to continue to be one of the better performing crypto currencies. After all, it runs on a completely different protocol than most other crypto currencies, something that is not only faster, but infinitely more secure. Longer-term, I expect this market to go towards the $800 level, but we may have some momentum building to do in the meantime.

XMR/USD

Monero was a very volatile market during the trading session on Wednesday, breaking as high as $206, but then turning around significantly to reach towards the $180 level after that. This was in reaction to Bitcoin breaking the $10,000 handle, but traders backed away rather significantly, and it now looks like we still have a lot of work to do before we continue to go to the upside. Ultimately, I believe that Monero does make a fresh, new high, but we clearly have a a lot of noise and a lot of scared money in the market right now. If you wish to go long of Monero in this general vicinity, that’s probably fine but you also need to be very patient as it may take some time to get to the upside. My next longer-term target is $220 in this market, based upon the measured move that I recently had identified. If we were to break below the $160 level, that would change everything and perhaps show a complete reversal. I would also point out that the Stochastic Oscillator is crossing in the oversold section on the hourly chart, a bullish sign in and of itself.

Buy & Sell Cryptocurrency Instantly