Yesterday, the BCH price did not participate in a dynamic recovery and spent the whole day in a tapering sideways. Will it today announced a decline at the beginning of the week?
BCH / USD
Yesterday in the morning, buyers were able toto gain a foothold over the 38.2% FIBO level (289.51 USD), but it did not manage to recover significantly on small volumes, and in the absence of strong pressure from sellers, the price dipped slightly below the hourly EMA55.
Until the end of the day, consolidation continued in a narrowing sideways range. If sellers build up pressure today, then a narrow range will break through and the price will fall back to the support of 275.00 USD.
LTC / USD
Yesterday morning, buyers tried to testupper limit of the lateral range. In the afternoon, they managed to increase volumes and break through resistance at the level of 78.6% Fibo (59.31 USD). Growth to a local maximum in the region of the mark of 63.00 USD was already without volume support.
At night, the pair turned around on a rollback. We believe that today the rollback may continue below the hourly moving average EMA55. Near the level of 78.6% Fibo (59.31 USD), the decline will stop and the price of LTC will consolidate.
EOS / USD
Yesterday, buyers broke above the average price level and continued to recover to the purple trend line.
An uptrend has supported, butfurther growth took place on declining volumes. At night, the price reversed at a maximum point of 3.52 USD and today will return to the support of the purple dashed line.
Reducing the price of EOS to support 3.05 USD is still relevant.
XLM / USD
Yesterday morning, the XLM price fixed above the two-hour EMA55 level and continued to consolidate in a narrow range until the end of the day.
Tonight, a strong bullish momentum struckpsychological mark of 0.080 USD and set a maximum at 0.088 USD. In the morning, the pair returned to the price level of 0.080 USD, but we believe that during the day the rollback may continue to the area of average prices (0.071 USD).