Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 02.26.2020

Today, there may still be some decline in the market, but soon prices will be able toConsolidate and fallwill stop.

BCH / USD

Yesterday, the BCH price continued to fall below the 50% Fib level (356.24 USD).It seemed that this level would be able to hold the bears, but during the Asian session, sellers rolled the pair even lower, to the area of 336.00 USD. 

At the moment, sales volumes have decreased, and the rate of decline has slowed down.Nevertheless, today the price expects to retest the support of 320.00 USD.We believe that in a narrow range of $305 – $320 the pair will be able toConsolidate. 

LTC / USD

Yesterday, the bears continued the pressure and the price fell below the 100% Fib level (69.40 USD).In the morning, a single transaction was recorded on the Bitstamp exchange at the rate of $59.24 per Litecoin.However, the rest of the exchange market settled around 69.00 USD per coin. 

Buyers are trying to restore the price above the 100% Fibonacci level, but the buying volumes are too small, so today the decline may be possiblecontinue to 66.00 USD.We believe that a significant recovery can be expected from78.6% Fib (59.31 USD). 

EOS / USD

Yesterday, the Point Of Control indicator line (4.02 USD) kept the EOS price fromBuyers tried to restore the pair above the average price level, but sellers were able to push through the support of the POC line and in the morning recorded a low at 3.77 USD. 

At the moment, the price has rebounded to the level of 3.94 USD, but today the fall will continue below the support of 3.65 USD.Below this level, the pair may consolidate. 

XLM / USD

Yesterday, the bears intensified the onslaught and pushed through the support of the 0.065 USD level. 

This morning, the decline was suspended by the POC line (0.062 USD). The price of Stellar has recovered a little, but the rebound is very low and we must assume that the decline will continue below the level of 0.060 USD.