March 23, 2023

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 02/19/2020

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 02/19/2020

Today, price recovery may continue to the nearest resistance levels.

BCH / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 02/19/2020

Yesterday in the first half a day the couple lost positivedynamics, and sellers for a short while managed to roll back the price just below the support of 400.00 USD. However, in the afternoon, buyers were able to increase volumes and restore the price to the level of 61.8% Fibo (422.98 USD).

At night, the couple tested the two-hour levelEMA55, but still can not stay in the field of average prices. If today the rollback will be short and stay above the psychological mark of 400.00 USD, then the recovery will continue to the area of ​​the Point Of Control line (440.29 USD).

If sellers again push the price below the support of 400.00 USD, then the decline may reach a fifty percent fibonacci level (356.24 USD).

LTC / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 02/19/2020

The LTC price drawdown was shallow yesterday andheld on declining volumes. In the afternoon, buyers were able to restore the price to the area of ​​average prices, and at night they tested the resistance of 77.70 USD.

Now the volume of purchases has decreased, and the couple have not yetcan gain a foothold above this level of resistance. If the moving average keeps the pair from falling, then the recovery will continue to the area of ​​the annual maximum and will test the ascending green trend line.

EOS / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 02/19/2020

Yesterday afternoon, a bullish momentum restored the price of EOS in the area of ​​average prices and the pair tested resistance at 4.666 USD.

In the morning, the price rolled back a little, but today it is possible to continue growth in the area of ​​the five-dollar level. Resistance around 4.80 USD can significantly slow down growth.

XLM / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 02/19/2020

Yesterday, the Stellar price dipped slightly below the support of 0.072 USD, but buyers were able to restore the price to the average price area.

Until the morning, the pair used the two-hour EMA55 as a reliable support level, and today the recovery can continue to the resistance of 0.080 USD.