October 29, 2020

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/23/2019

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/23/2019

Today some recovery in altcoins is possible

BCH / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/23/2019

Yesterday morning, buyers tried recover to the level of average prices, but could not test the four-hour EMA55. In the afternoon, a decline began, which stopped at a minimum point of 302.21 USD.

Now the pair is consolidating above the POC level (304.71 USD), and today we are expecting another attempt to recover in the area of ​​the moving average EMA55. If the price can overcome this resistance level, the pair will fix in the area of ​​the orange trend line (313.00 USD)

LTC / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/23/2019

On Sunday, Litecoin trading volumes declined, and the pair consolidated in the lateral range below the average price level.

This morning, there is a slight increase in customer activity, which led to a breakthrough through the four-hour EMA55. Recovery has paused in the area Control points (73.87 USD), but if buyers can overcome this line, then before the end of the day the couple will test the lower border of the green ascending channel.

EOS / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/23/2019

Yesterday, the decline in EOS price continued to the area of ​​3.75 USD. At night, recovery began, which went into consolidation at the level of 3.80 USD.

Buyers are trying to develop the ongoing recovery of the pair, but it is not yet supported by large volumes. If volumes can be increased, then the price will be able to test the four-hour EMA55 (3.880 USD).

XLM / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/23/2019

Yesterday's Stellar price decline stopped in the support area of ​​0.065 USD.

Today, buyers will try to return the pair to the area of ​​average prices. If the four-hour resistance EMA55 cannot be overcome, the pair will continue to fall to the equilibrium price of 0.058 USD.