Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 03.03.2020

Today buyers will try to continue yesterday's price recovery in the market.

BCH / USD

Yesterday becauseIn a highly oversold market, buyers managed to break out of the orange sideways range and set the daily high above the average price level. 

It was not possible to continue growth at night, and the couplereturned to the Point Of Control line (325.20 USD). If today this level provides support for the BCH price, then growth will continue to the fifty percent fibonacci level (356.24 USD). 

If sellers push through the POC indicator line, the pair may return to the orange range of $305 – $320.  

LTC / USD

Yesterday, the Litecoin price was able to recover into Saturday's sideways range, which was located along the POC line (58.82 USD). 

Late at night, buyers tested the three-hour EMA55, but it was not possible to continue the recovery to the resistance of 64.00 USD until the morning. The average price level returned the pair to a narrow sideways range. 

Currently, the rollback looks shallow, andthe price of LTC may continue to recover to the intended resistance of 64.00 USD. However, if sellers continue to roll back below the POC line, in the near future the price will reach the support level at around 54.00 USD.

EOS / USD

Yesterday, in the first half of the day, the price of EOS continuedconsolidation, which was limited by resistance at 3.65 USD. In the evening, buyers managed to break through this resistance level and set the daily high above the three-hour moving average EMA55. 

It is not yet possible to gain a foothold above this level of average prices.It turns out, and in the morning the pair rolled back to the upper limit of the sideways range. If the price of EOS rebounds from it, then an increase to around four dollars per coin is possible. 

If the pair sinks below the POC line, then sellers will test the support of 3.30 USD. 

XLM / USD

Yesterday, buyers restored the price of Stellar to the three-hour EMA55. At night, it was not possible to continue the recovery above the resistance of 0.060 USD. Sellers are trying to limit growth to average prices. 

A downward purple trend line is additionally pushing buyers. If the bulls today can not break it, then the sellers will test the support of 0.053 USD.