Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/11/2019

Today the decline will continue. We determine possible levels of support.

BCH / USD

The BCH/USD pair dropped lower yesterdaylevel of average prices, but the support at 230.00 USD prevented a deeper rollback. 

At night, sellers tried to push this levelsupport, however, they met fierce resistance from buyers, who in the morning restored the price above the hourly EMA55. This recovery was not supported by volumes and the bears intensified their pressure. 

At the moment, the price has rolled back to the 225.00 USD area, but there is no support level in this area. We believe that during the day the decline will continue to the area of ​​the POC line (220.00 USD). 

LTC / USD

Yesterday, sellers pushed the price below the hourly EMA55 level. This morning, a false bullish impulse pierced the average price level and the pair immediately collapsed to the area of ​​56.00 USD. 

Until the end of the day the decline will continue to the areaControl pointsIndicatorProfile Volumes(55.00 USD). If the bears manage to push through this level, then it will be possible to consolidate above the support of 54.00 USD.  

EOS / USD

Yesterday morning, sellers increased volumes and pushed through the support of the hourly EMA55. 

During the day, the minimum was set at 3.03 USD.Buyers tried several times to restore the price above the average level. And only this morning the third attempt was successful, but it failed to gain a foothold above the moving average. The pair immediately returned to yesterday's low. 

We believe that the pair’s decline may continue below the psychological level of 3.00 USD, and support at 2.96 USD will help the price gain a foothold in consolidation.  

XLM / USD

Yesterday in the first half of the day sellers dominated the market. This morning, a false bullish impulse set a local maximum at 0.062 USD and the price fell below 0.060 USD. 

Today, the current level of support remains the POC line (0.058 USD). We believe that in this area the decline will stop and the pair will gain a foothold in the short-term flat.