June 10, 2023

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 01/30/2020

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 01/30/2020

If today buyers activity is low, then prices will not be able to break through to new annual highs.

BCH / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 01/30/2020

Yesterday morning trading volumes decreased and the bulls did notwere able to organize an impulse to break through the psychological level of 400.00 USD. On declining volumes, the pair began to roll back to the support of the sentry EMA55.

At night, the rollback stopped at the level of average prices and in the morning, buyers returned the pair to the area of ​​390.00 USD. If the bulls can continue to grow, then the price of BCH will test the level of 61.8% Fibo (422.97 USD).

If you break through the barrier in four hundred if it fails again, the pair will roll back to the POC level (345.02 USD).

LTC / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 01/30/2020

Litecoin price was held yesterday above the level of 78.6% Fibo (59.31 USD). However, sellers sold this support tonight and rolled back the price to around $ 58.00.

In the morning, buyers returned the pair to the areaweekly maximum. The volume of purchases is still small, but if the growth is supported by large volumes, today it will be possible to test the cherished target level of 64.00 USD.

If it is not possible to increase volumes, the pair will roll back to the region of average prices.

EOS / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 01/30/2020

Yesterday, sellers were able to limit the growth of the EOS price at the resistance level of 4.10 USD. By the end of the day the pair rolled back to the level of average prices, and at night the decline continued below the level of the hourly EMA55.

This morning, buyers restored the price to the zone of yesterday's highs and even slightly increased the value of the annual maximum to the level of 4.19 USD.

If we can continue to grow, then the price of EOS, perhaps, can get to the level of 4.44 USD, which was recognized by us yesterday "Unjustifiably upbeat".

If the price fails to gain a foothold above the support of 4.10 USD, then the pair will return to the lateral range at the boundary of 3.65 USD.

XLM / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 01/30/2020

Yesterday, the bears pushed the price to the level of average prices, and at night they pushed support at 0.060 USD, knocking out long positions of those longue traders who placed protective stop orders at this level.

This morning, the price has recovered slightly, but so far it has not been possible to continue growth at low volumes. If during the day the activity of buyers increases, then a resistance re-test of 0.065 USD is possible.

Otherwise, the pair will be stuck in consolidation on the POC line (0.062 USD).