Attempts by buyers to restore altcoin prices will continue in the near future. Will they be able today to achieve success?
BCH / USD
Yesterday morning, Bitcoin Cash ABC was one offew top crypto assets, the price of which was able to stay above the level of average prices. However, closer to lunch, sellers sold the watch EMA55 and pierced the support of 275.00 USD. The local minimum is located around 270.00 USD, but buyers immediately tried to return the pair above the level of average prices.
On recovery, it was possible to achieve a maximum inthe point of 290.00 USD, but failed to gain a foothold above the moving average EMA55. Throughout the night, the pair consolidated in a narrow lateral range in the area of 280.00 USD.
Today, buyers will make another attempta bullish breakout of resistance at 38.2% Fibo level (289.51 USD), but we believe that the pair will not be able to stay in the maximum zone and will again roll back to the support of 275.00 USD.
LTC / USD
Litecoin price consolidated yesterday along the linePOC (58.20 USD). In the afternoon, buyers tried to increase volumes and tested the lower border of the blue triangle. They failed to gain a foothold above the hourly EMA55 level, and by the end of the day the pair rolled back below the average price level.
This morning, buyers do not give up tryingto break the resistance of the moving average. If they succeed, then the maximum is possible around 60.00 USD, and at the end of the week the pair will roll back to support 54.00 USD.
EOS / USD
Yesterday, an upward purple trend line kept the EOS price from falling. In the afternoon, buyers broke through the average price level and tested the POC line (3.34 USD).
It was not possible to consolidate above the hourly EMA55, and at the end of the day the pair rolled back below the support of the purple dashed line.
Judging by the indicators, there is potential forpair recovery to the area of 3.40 USD. But if you fail to break through the average price level and the potential is wasted in consolidation, then by the end of the week the pair may roll back to the area of 3.05 USD.
XLM / USD
The XLM price yesterday consolidated laterally, using the support of the POC line (0.063 USD).
Tonight a powerful bullish momentum broke throughresistance of the yellow trend line and set a maximum around 0.072 USD. Until morning, the pair managed to stay in the zone of maximum. Thus, the total capitalization of Stellar Lumen reached $ 1.38 billion. As a result, the asset won the tenth line in the CoinMarketCap ranking from TRON, which moved to the second ten.standings ».
Today, consolidation in the region of the 0.070 USD mark will continue, but soon the pair will roll back to support the yellow uptrend line.