Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 02/13/2020

Pairs could not stay in the area of ​​annual highs and rolled back to the nearest support levels. After Rollback buyers will begin to recover prices.

BCH / USD

Yesterday, the resistance is 480.00 USD blocked the bulls from the psychological mark of 500.00 USD. Buyers several times tried to pierce this resistance, but each time the level hit the price in a narrow side.

This morning, the price rolled back to the average price range, we believe the two-hour EMA55 will be able to keep the pair from a deeper pullback to the POC line (440.60 USD).

LTC / USD

Litecoin price could break through last nightgreen trend line resistance around 80.00 USD. In the Asian session, the growth continued, and the bulls set a new annual maximum at 84.44 USD.

However, the price of LTC could not stay higherthe trend line and in the morning rolled back to the support of 77.70 USD. The two-hour EMA55 keeps the pair from further decline, but if the bearish pressure intensifies, the pair will roll back to the Point Of Control line (73.75 USD).

EOS / USD

Yesterday, buyers tried to gain a foothold in the area of ​​the annual maximum. Overheating of the market did not allow continued growth to the resistance of 5.60 USD.

Today, the price retreated to the area of ​​5.25 USD and during the day can go down to the area of ​​the five-dollar level. We believe that the level of average prices will be able to keep the pair from a deeper decline.

XLM / USD

Yesterday, buyers were able to stop the rollback around the level of 0.075 USD, and at the end of the day, indicate the daily maximum at 0.083 USD.

At night, the price of Stellar rushed to the resistance of 0.090 USD, but before the morning did not manage to test this level. The new annual maximum is set at around 0.086 USD.

Overbought market led to the return of the price to the support area of ​​0.080 USD. If this level does not cope with support, then the pair will fall to the two-hour moving average EMA55.