June 17, 2024

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

Tonight the buyers triedbreak 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 around 215.00 USD. 

In the morning you can notice a surge in sales, but the priceremained within the minimum recorded over the weekend. Today, a recovery to the hourly EMA55 is possible, 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 limit of the sideways range. The Litecoin price has been consolidating in this range since last Thursday. 

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

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

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

Today after the morning rollback to the lower borderthe flat pair will recover to the area of ​​average prices. If buyers push the POC line (2.798 USD), then the recovery by the end of the day will be able to reach the 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 a sideways range between support 0.057 USD and resistance 0.058 USD. 

Tonight the price fell out of the range, marking a low at 0.056 USD, but now the price may 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 reverse around the daily high of 0.062 USD.