Price analysis of Bitcoin Cash, Cardano, Litecoin, EOS and Stellar Lumen on 07/09/2020

Cardano and Stellar update annual highs.

BCH / USD

Yesterday, the price of bitcoin cash continued to move in wide bluecorridor and updated the July high to 246.00 USD. 

Today the bulls will try to continue growing to the upper border of the sideways range at 260.00 USD. 

ADA / USD

Yesterday, the price of ADA continued its July gains, which have exceeded 66% since the beginning of the month, and since the beginning of 2020, the growthThe price of the asset is already more than 315%.The annual maximum is fixed around 0.139 USD. 

This allowed Cardano to rise in the CoinMarketCap ranking to seventh place in terms of capitalization and push Litecoin to eighth place in the top of the most capitalized cryptocurrencies. 

During the day, the ADA price pulled back significantly, but tonight the decline in the area of 0.120 USD stopped, and now buyers are trying to return the pair to yesterday's high.Possibly, today the price may retest the psychological resistance of 0.140 USD. 

LTC / USD

Yesterday, the price of Litecoin on the Bitstamp exchange tested the resistance of 50% Fib (45.83 USD), but the pair could not gain a foothold above this level. 

At night, the pullback stopped around 44.50 USD and today the bulls will take actionattempt to break through to the resistance area at 47.00 USD. 

EOS / USD

Yesterday, the EOS price set a July high at 2.70 USD. 

This morning, the bulls have already managed to update yesterday's high to the level of 2.73 USD on small volumes, and if the growthwill be supported by large purchases, then the next monthly high is possible in the resistance area of 2.80 USD. 

XLM / USD

Yesterday morning, after a pullback to the support of 0.076 USD, the price of Stellar hit the resistance at the level of 0.081 USD, and could not overcome it until the end of the day. 

Powerful bullish momentum in Asian sessionthrew up the price of XLM by more than 20%, setting an annual record at 0.098 USD. Today, after the rollback, buyers can test psychological resistance at 0.100 USD.