August 12, 2020

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

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

A slight market recovery will not last long. However, the price may recover to the nearest resistance levels.

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

Yesterday morning market activity was low and the pairconsolidated under the resistance of 230.00 USD. In the afternoon, sellers got a little more active, and the price reduction continued, but it did not work to get to the psychological mark of 200.00 USD.

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

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

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

Yesterday, sellers managed to break through support onthe level of 54.00 USD and update the monthly minimum to the level of 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 support 54.00 USD.

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

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

Yesterday, the EOS price continued to decline, but sellers were able to roll back the price only to the point of a local minimum of 2.60 USD. Continue to decline to around 2.40 USD failed. Buyers began recovery.

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

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

Stellar price recovery yesterdaythe resistance of 0.065 USD broke near the maximum 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 consolidates at the POC mark (0.059 USD). We believe that the flat will last until tomorrow.