Bitcoin Cash, Cardano, Litecoin, EOS and Stellar price analysis on 07/13/2020

Only the Stellar price over the weekend was able to update its annual maximum. The remaining pairs are stuck in a sideways range.Where will the market move at the beginning of this week?

BCH / USD

The price of bitcoin cash spent the entire weekend in a narrow blue sideways range inside a wide blue corridor. 

On Sunday, sellers tried to testsupport at 230.00 USD, but buyers were able to keep the price sideways and, as of this morning, restored it above the two-hour EMA55 level. During the day, consolidation will continue in a narrow range. 

If buyers are active, it is possiblea breakthrough of the upper border of the blue range and a re-test of the 244.00 USD mark. On small volumes  – the initiative will be on the side of the sellers, and the pair can test the support of 230.00 USD. 

ADA / USD

Last Friday, Cardano's price dropped fromthe annual maximum slowed down significantly around the 0.115 USD mark. The ADA/USD pair made a low at 0.110 USD and recovered to weak resistance at 0.127 USD over the weekend. 

Tonight the bulls broke through this resistance and continued to recover to the area of the yearly high, which was set last week at 0.139 USD. 

During the day, a re-test of resistance 0 is possible.140 USD and updating the annual maximum to the level of 0.146 USD. Buyers will not be able to gain a foothold in the zone of a new annual record and the price will roll back to the area around 0.140 USD. 

LTC / USD

Last week, the two-hour EMA55 provided support for the Litecoin price, but on Sunday, sellers broke through the level of 44.00 USD, setting a low at 43.65 USD. 

Over the past night the pair recovered to the areaaverage prices and today can test the level of 45.00 USD. If a large buyer joins the trades, a breakthrough to the 50% fib area (45.83 USD) is possible. 

We believe that it will not be possible to gain a foothold in this zone for a long time and by the middle of the week the pair will roll back to the POC line (43.43 USD). 

EOS / USD

At the end of last week, the EOS/USD pair consolidatedin a sideways range with support at the level of two-hour EMA55. On Sunday, sellers pushed through the average price level and tested the POC line (2.58 USD), which kept the EOS price from further decline. 

At the moment, buyers have restored the price above the level of the moving average EMA55, but buyers cannot yet build on their success on small volumes. 

We believe that in the near future, the consolidation of the pair in the area of average prices will continue. If buyers are able to form a bullish impulse, then the daily maximum is possible around the 2.70 USD mark. 

On small volumes, the price will roll back to the support of the Point Of Control indicator line. 

XLM / USD

On Saturday, the price of Stellar was able to testpsychological level of 0.100 USD and update the annual maximum to 0.101 USD. Over Sunday, the pair rolled back to the area of average prices, but around the 0.090 USD mark the decline stopped. 

If at the beginning of this week the bulls continue to inflate prices, then a new annual high is possible near the resistance of 0.110 USD. 

If buyers can not gain a foothold above the psychological level of 0.100 USD, then the price will roll back to support the two-hour EMA55.