Bitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 06/19/2020

Yesterday trading volumes were low, and buyers were unable to break above the average price level. What the market expectsaltcoins by the end of the week?

BCH / USD

Yesterday the price of bitcoin cash was slowly declining untilin the morning did not reach the lower border of the blue corridor. Support at 230.00 USD suspended the pullback and did not allow sellers to exit the wide sideways corridor. 

However, today the BCH price decline maycontinue to the area around 225.00 USD. Active sales will contribute to a re-test of the support at 220.00 USD. We believe that by the end of the week the pair will recover to the level of average prices. 

LTC / USD

Yesterday, the price of Litecoin slowly decreased and in the morning reached a recent low around 43.00 USD. Today the decline may continue to the area of ​​the weekly low. 

Before the end of the week, we expect the price to recover to the two-hour EMA55, and at the beginning of next week the pair may exit the descending purple channel. 

EOS / USD

Yesterday trading volumes were below average andthe pair rolled back to weak support at 2.50 USD. Today the decline may continue to the minimum of 2.42 USD, which was set earlier this week. 

However, in the near future the EOS price will recover to the two-hour EMA55 area. 

XLM / USD

Yesterday, the XLM/USD pair could not stay in the area of ​​average prices and rolled back below the POC line (0.069 USD). 

In the morning, the decline slowed down, but we believe thatToday, the decline may continue to the area of ​​0.067 USD. Until the beginning of next week, it is possible to recover above the two-hour moving average EMA55.