The pairs were unable to stay in the area of annual highs and rolled back to the nearest support levels. AfterAfter a rollback, buyers will begin to restore prices.
BCH / USD
Yesterday the resistance was 480.00 USD blocked the bulls’ path to the psychological mark of 500.00 USD. Buyers tried to break through this resistance several times, but each time the level pushed the price back into a narrow sideways range.
This morning the price rolled back to the area of average prices, we believe the two-hour EMA55 will be able to keep the pair from a deeper rollback to the POC line (440.60 USD).
LTC / USD
Litecoin price managed to break through last nightresistance of the green trend line is around the 80.00 USD mark. At the Asian session, the growth continued, and the bulls set a new annual high 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 year's high.Overheatingthe market did not allow continued growth towards the resistance of 5.60 USD.
Today the price has retreated to around level 5.25 USD and during the day it may drop to the five-dollar level. We believe that the average price level will be able to keep the pair from a deeper decline.
XLM / USD
Yesterday, buyers were able to stop the rollback around the 0.075 USD mark, and at the end of the day, set the daily high at 0.083 USD.
At night, the price of Stellar rushed to the resistance of 0.090 USD, but did not have time to test this level until the morning. The new annual maximum is set at 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.