April 23, 2024

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/13/2019

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/13/2019

Over the weekend, the movement in the flat will continue, and from next week we can expect a decline.

BCH / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/13/2019

On Fridaythe BCH price reached the support level of 220.00 USD, and yesterday buyers restored the pair to the area of ​​average prices. 

Buyers this afternoonwill try to overcome the resistance of the hourly EMA55 and test the level of 230.00 USD. If it is not possible to break through the average price level, then the price will return to the support area of ​​0.220 USD. 

LTC / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/13/2019

After the price retreated to the line on FridayControl points, buyers were able to restore the price sideways at the level of 56.00 USD. Trading volumes have decreased, and the pair will spend the entire weekend in a narrow sideways position. 

At night there was an attempt to break above the hourly EMA55,but at low volumes, buyers fail. Today until the end of the day, consolidation will continue in this range, and from next week a decline to the support of 54.00 USD is possible. 

EOS / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/13/2019

On Friday, the decline in EOS stopped at area 3.05 USD and smoothly transitioned into consolidation. The resistance of the hourly EMA55 does not allow buyers to leave the narrow area of ​​consolidation, and sellers are limited by the support of 3.05 USD. 

In this range, consolidation will continue until the end of the week, and on Monday we predict a decline in the price to the area of ​​​​more powerful support at 54.00 USD. 

XLM / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 10/13/2019

On Friday, Stellar's decline stopped at 0.060 USD, and over the weekend the pair managed to consolidate in a flat above the hourly EMA55 level. 

Today, buyers are trying to continue the recovery, but they are unlikely to be able to rise above the level of 0.063 USD. Next week we can expect a decline to the POC line (0.058 USD).