September 27, 2020

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/09/2019

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/09/2019

Today, buyers will try to continue the recovery.

BCH / USD

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/09/2019

Yesterday the pair rolled back to support 230.00 USD. While trading volumes were reduced to a minimum and the price of BCH hung in a short flat at the hourly EMA55.

This morning, buyers will try to continue the recovery, but if they fail to increase the volume of purchases, then sellers will return the price to the POC line (222.07 USD)

LTC / USD

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/09/2019

Yesterday, the price of LTC rolled back to rolling supportaverage EMA55 (56.80 USD). Throughout the night, the pair consolidated at average prices. In the morning, trading volumes are kept low, but there are attempts to restore the price.

If it succeeds in organizing a bullish momentum, then the price will be able to test 78.6% of Fibo (59.31 USD). If sellers sell the EMA55 level, then the price will roll back to the Control Points area (55.07 USD)

EOS / USD

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/09/2019

EOS trading volumes fell significantly yesterday and sellers were not able to break through the support of the EMA55. The decline turned into a consolidation above average prices.

Today, at the same small volumes, buyers are trying to continue their recovery to the resistance area of ​​3.30 USD. This level may deploy the pair to decline to the area of ​​2.80 USD.

XLM / USD

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/09/2019

Hourly moving average EMA55 yesterdaySuspended Stellar Price Reduction. The pair found support at the level of average prices; today we can expect a re-recovery to the orange uptrend line.

Morning price recovery has not yet been supported by large volumes, but if the bulls increase their presence in the market, a trend line breakout and a resistance re-test of 0.065 USD are possible.