Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 01/21/2020

Today the market's sideways movement will continue.

BCH / USD

Yesterday sellers tried to roll back the price below the Point levelof Control, but the POC line kept the pair from declining. Buyers on small volumes restored the price to 50% fib (356.24 USD) and kept it in consolidation just above the hourly EMA55 level. 

Today, a retest of the 380.00 USD mark and a return to the average price level is possible. 

LTC / USD

Yesterday there was no strong pressure from the bears. The LTC/USD pair recovered to the average price level and was able to consolidate below the hourly EMA55. 

Today, a breakthrough to the area around 60.00 USD is possible.However, with low market activity, buyers will not be able to gain a foothold in the area of ​​the daily high, and the pair will return to the hourly moving average EMA55.  

EOS / USD

Yesterday, buyers tried to restore the price of EOS, but at the resistance level of 3.65 USD, the reserve of strength ran out and the pair continued to move in a sideways range. 

A re-test of the POC line is possible today (3.79 USD). We believe that even before the end of the day, demand will balance out at the level of the hourly EMA55. 

XLM / USD

Yesterday, buyers started the day quite actively andwere able to significantly restore the price of XLM. However, during the day they failed to rise above 0.065 USD. Sellers rolled the pair back to the average price level several times. The moving average EMA55 reliably kept the pair from a deeper rollback. 

Today, consolidation in this tapering sideways will continue.