June 18, 2024

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/26/2019

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/26/2019

Sales volumes decreased significantly yesterday, and the altcoin market was stuck in consolidation at the support level.Soon, the decline may resume.

BCH / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/26/2019

Yesterday, the price of BCH consolidated in a sideways range all day.The recovery limited the resistance at 230.00 USD.Today, consolidation will continue, but if sellers become more active, the decline will resume. 

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/26/2019

After a retest of the support at 150.00 USD, the pair will rebound around 167.00 USD. 

LTC / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/26/2019

Yesterday, the support at 54.00 USD stopped the decline and the pair consolidated in the consolidation.All yesterday's highs fell short of the resistance at 78.6% Fib (59.36 USD). 

Today, sideways consolidation will continue.

EOS / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/26/2019

Yesterday, the price of EOS consolidated in a narrowing range and this morning the pair almost froze at the lower border of the range.The trading volumes are very low, and soon the price will continue falling towards the last low, around 2.40 USD. 

XLM / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/26/2019

Yesterday, the XLM price was able to recover slightly in the area of the hourly moving average EMA55, which is passingat the level of 0.058 USD.This is an area of increased concentration of trading volumes. 

This morning, the pair continued to recover, but the rise will not last long.The maximum level will be limited by the resistance of 0.065 USD.The market may roll back to a narrow range at 0.054 USD.