The market has reached quite strong resistance levels and is very overheated, but for some altcoins the growthstill possible.
BCH / USD
At the weekend, the fib level was 61.6% (422.97 USD) kept the pair from declining, and on Sunday buyers set a yearly high around 460.00 USD. Sellers tried to roll the price back to the 61.8% fibonacci level, but the pair was still able to stay above the two-hour EMA55 level.
If the bulls resume their run, they will be able to break through to the area of 480.00 USD. If the bears push through the average price level, then the price will sink to the support of 400.00 USD.
LTC / USD
Last Saturday, the LTC/USD pair was able to overcome the level of 74.00 USD and tested the resistance of 77.70 USD. On Sunday, the price updated its annual maximum at 78.50 USD and began to decline.
As of this morning, sellers have already piercedsupport at 74.00 USD, but the pair has so far consolidated around the two-hour EMA55. If the bears increase pressure, the decline will reach the 100% Fibonacci level (69.40 USD).
If buyers manage to stop the decline at the level of average prices, then the bullish run may continue to the area of 80.00 USD.
EOS / USD
Last weekend, the EOS price set a new yearly high at the resistance area of 5.00 USD. This level turned the pair downward and buyers ran out of steam at around 4.80 USD.
If today the pressure from them increases, thenthe price may fall below the moving average, towards support at 4.66 USD. If buyers are able to stay above the average price level, then the advance of the bulls may continue to the 5.30 USD zone.
XLM / USD
Over the weekend, the price of Stellar broke through the level of 0.073 USD and set a yearly maximum at 0.074 USD, but failed to stay in the maximum zone.
In the morning, the pair rolled below the two-hour EMA55 and is now holding in the middle price range. If the bears increase the pressure, then in the first half of the week the pair may sag to the support of 0.065 USD.