September 18, 2020

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/30/2019

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/30/2019

Today, some recovery in altcoin prices is possible.

BCH / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/30/2019

Buyers tried tonight to break through the hourly moving average EMA55, but the attempt was not supported by volumes and after a re-test of the average price level, the pair rolled back to the area of ​​215.00 USD.

In the morning you can see a surge in sales, but the pricekept within the minimum fixed at the weekend. Today, it is possible to restore to the hourly EMA55 and if this level of average prices can be overcome, the pair will recover to the resistance of 230.00 USD.

LTC / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/30/2019

This morning the pair marked a low at 52.44 USD and began to recover to the upper border of the side range. In this range, the price of Litecoin has been consolidating since last Thursday.

If buyers manage to overcome the resistance of the POC line (55.10 USD), then the recovery will continue to the level of 78.6% Fibo (59.36 USD).

EOS / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/30/2019

The price of EOS currently continues to consolidate in a narrowing range.

Today after the morning rollback to the lower borderflat pair will recover in the region of average prices. If buyers sell the POC line (2.798 USD), then recovery by the end of the day will be able to reach resistance at 3.20 USD.

XLM / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 09/30/2019

The pair continues to consolidate in the lateral range between the support of 0.057 USD and the resistance of 0.058 USD.

Tonight, the price fell out of the range, indicating a minimum at 0.056 USD, but now the price can recover above the resistance level and test the 0.060 USD mark.

We believe that strong growth is not expected today, and the pair will unfold around the daily maximum of 0.062 USD.