Tonight, the pair broke through support for the average price level. Will the rollback continue?
BCH / USD
Since the beginning of the month BCH price held above the rising orange trend line. Yesterday, sellers were able to push this powerful support and rolled back the price of Bitcoin Cash ABC to the POC indicator level. profile volume (304.71 USD).
Buyers today will try to restore the price tofour-hour EMA55, but on declining volumes to gain a foothold above the level of average prices will not work. Most likely, the pair will continue to decline to the psychological mark of 300.00 USD.
LTC / USD
After the pair fell out of the green ascending channel, buyers several times tried to restore the price using the support of the four-hour EMA55.
However, sellers sold tonightthe level of average prices and the pair rolled back to the area of 70.00 USD. We believe that today LTC price decline will continue to support 100% Fibo (69.40 USD), near which the decline will stop.
EOS / USD
Yesterday the pair consolidated all day under the orange trend line. The trading volumes did not exceed the average level, so buyers were not able to test the resistance of 4.10 USD.
This morning, the bearish momentum rolled back a couple lowerlevel of average prices. If buyers cannot pierce it, then the decline will continue to the area of 3.70 USD, and next week will reach support of 3.65 USD.
XLM / USD
This week, the Stellar price set a monthly maximum at 0.089 USD. The rollback was quite intense and he returned the pair to the area of average prices (0.070 USD).
The four-hour EMA55 still manages to support the pair, but if the bear pressure continues, the decline will return the pair to its equilibrium price in the region of 0.058 USD.
Stoch RSI indicator lines entered the oversold zone, so it is quite possible that before the beginning of next week the pair will be able to consolidate in the consolidation in the area of 0.070 USD.