Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/07/2019

If buyers are unable to increase volumes, the recovery will end near the nearest levelsresistance

BCH / USD

On Sunday, sellers recorded a weekly low of 214.97 USD, but the price remained sideways and recovered to the hourly EMA55. 

This morning buyers tried to push up the pricein the other direction, but the pair again returned to the POC level around 222.00 USD. After bursts of activity, trading volumes decline below average. 

If today buyers are able to increase volumes, then the price will be able to test the resistance of 230.00 USD. On small volumes, consolidation near the average price level will continue. 

LTC / USD

Over the weekend, sellers broke through the support level of 54.00 USD and set a weekly low at 53.08 USD. Despite large sales volumes, the price easily returned toControl point(55.07 USD). 

Tonight the pair repeated its decline to the minimum point, but without much support from volumes. In the morning the flat continued with a return toPOC lines(55.07 USD). 

If today buyers are unable to gain a foothold above the level of the hourly moving average EMA55, then the bearish impulse may be repeated, but with a minimum in the support area of ​​61.8% fib (51.38 USD). 

EOS / USD

The EOS price continues to consolidate within the already familiar two-week sideways range. After a pullback below the hourly EMA55 level, a recovery to the area of ​​3.10 USD is expected. 

If buyers are able to provoke large trading volumes, the pair will test the level of 3.204 USD. 

XLM / USD

On Sunday evening, sellers recorded a weekly low at 0.057 USD. Buyers received good volumes tonight, and the pair continued to recover above the hourly EMA55. 

During the day, a re-test of the orange trend line in the area of ​​0.062 USD is possible. This line can offer resistance, and the pair will return to the level of average prices by the end of the day.