April 26, 2024

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 buyer activity is low today, 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 decreasing volumes, the pair began to roll back to the support of the hourly EMA55. 

At night the pullback stopped at the level of average prices andin the morning, buyers returned the pair to the area around 390.00 USD. If the bulls can continue to rise, the BCH price will test the 61.8% fib level (422.97 USD). 

If you break through the barrier infour hundredagain it doesn’t work out, then 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 held yesterday above the 78.6% fibo level (59.31 USD). However, tonight sellers pushed through this support and rolled the price back to the area around 58.00 USD. 

In the morning, buyers returned the couple to the areaweekly high. The volumes of purchases are still small, but if the growth is supported by large volumes, then 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 area 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 hourly EMA55 level. 

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

If we manage to continue growing, then the price of EOS will probably be able to reach the level of 4.44 USD, which we recognized yesterday"unjustifiablyupbeat"  

If the price fails to consolidate above the support of 4.10 USD, then the pair will return to the sideways range at 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 through the support of 0.060 USD, knocking out long positions from long positions who had placed protective stop orders at this level. 

This morning the price has recovered a little, butIt is not yet possible to continue growth at low volumes. If buyer activity increases during the day, a re-test of the resistance at 0.065 USD is possible. 

Otherwise – the pair will be stuck in consolidation at the POC line (0.062 USD).