Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/27/2019

The slight market recovery will not last long. However, the price may recover towards the nearestresistance levels.

BCH / USD

Yesterday morning market activity was low and the pairconsolidated under the resistance of 230.00 USD. In the second half of the day, sellers became a little more active, and the price decline continued, but it was not possible to reach the psychological level of 200.00 USD. 

The local minimum is set at 203.00 USD.Before the end of the day, buyers took advantage of the support at the 23.6% fib level (206.95 USD) and restored the price to a narrow range in the area of ​​211.00 USD. 

Due to extremely low volumes, today's trading is taking place in the same range, but further recovery to resistance at 230.00 USD is possible. 

LTC / USD

Yesterday the sellers managed to break through support atlevel of 54.00 USD and update the monthly minimum to 50.20 USD. It was not possible to gain a foothold at this level and before the end of the day the price rebounded to the support of 54.00 USD. 

Today we can expect continued recovery to the area of ​​56.66 USD. If buyers break through the resistance of the hourly EMA55, they will be able to test the 78.6% fib (59.36 USD). 

EOS / USD

Yesterday the price of EOS continued to decline, but sellerswere able to roll back the price only to the local minimum point of 2.60 USD. It was not possible to continue the decline to the level of 2.40 USD. Buyers have begun to recover. 

Last night and tonight recoverytook place on extremely low volumes and the pair managed to rise to the area of ​​2.80 USD. During the day, a re-test of the hourly EMA55 level is possible. The day will end with consolidation at POC (2.85 USD). 

XLM / USD

Yesterday's price recovery of Stellar toThe resistance of 0.065 USD broke off near the high of 0.062 USD. Sellers briefly rolled back the price below the support of 0.058 USD, but buyers were able to return it there before the end of the day. 

All night and all morning the pair has been consolidating at the POC mark (0.059 USD). We believe that the flat will last until tomorrow.