Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 03.25.2020

Will buyers today be able to continue the recovery to target levels?

BCH / USD

Yesterday buyers did notwere able to increase volumes, but the price of BCH failedovercome the resistance of the lower boundary of the blue range. Trading was calm, with volumes below the average level, which allowed the BCH/USD pair to gain a foothold in the sideways range, above the hourly EMA55. 

If today buyers manage to increase their purchase volumes, the pair will enter the blue corridor and test its upper limit. 

LTC / USD

Yesterday, buyers managed to build momentum,which pierced the resistance level of 38.2% fibo (40.26 USD). The LTC price cannot gain a foothold above it yet, but the pair found support in the form of the hourly moving average EMA55. 

If buyers still manage to increase volumes, then the price will be able to reach yesterday’s target level of 50% fib (45.82 USD). 

If today the bears become active and push through the support of the average price level, the price will roll back below the POC line (35.74 USD). 

EOS / USD

Trading on EOS yesterday took place on extremely low volumes, so the pair was located in a narrow sideways range above the hourly moving average EMA55. 

An increase in the volume of purchases will lead to a re-test of the resistance at 2.60 USD, and negative sentiment will contribute to a rollback below the two-dollar level, to the Point Of Control line (1.98 USD). 

XLM / USD

The Stellar price balanced yesterday on the Volume Profile indicator line (0.040 USD). Trading volumes were low, and the pair was unable to continue its recovery to the psychological level of 0.050 USD. 

The pair is kept from a deep rollback by the level of average prices, and if buyers are able to continue their recovery today, they will reach a weekly high around 0.050 USD.