Alt Coins daily chart, April 20, 2018

Alt coins rally significantly during Thursday

BTG/USD

Bitcoin Gold initially pulled back during the trading session on Thursday but found enough support near the $55 level to turn around and go higher. The market looks likely to go to the $60 level next, as it is the next large, round, psychologically significant figure. We are up over 3.5% as I record this video, which of course is a good sign and it shows that the influence from both Ethereum and Bitcoin continues to be healthy.

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DASH/USD

The DASH market pulled back initially during the trading session on Thursday, reaching towards the $405 level. We have bounce from there, and it looks like the $400 level underneath that area is massive support. That was previous resistance, and I think that it is likely that we will continue to see buyers jumping into this market, perhaps reaching towards the $450 level, or perhaps the $500 level after that. If we break down below the $400 level, I see a massive amount of support extending down to the $350 level. This is a market that continues to look strong, so I like buying these pullbacks as an opportunity to pick up value.

XMR/USD

Monero markets pulled back initially during the day on Thursday just as the DASH market did, but also rallied in a similar situation. It looks as if we’re going to go looking towards the $240 level, and of course the $200 level underneath is the massive “floor” in the market. I like the idea of buying this market on short-term pullbacks, as it looks like we are heading towards higher levels.

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BTG/USD DASH USD and XMR USD Video 20.04.18