October 25, 2020

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/07/2019

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/07/2019

Today, sellers can be active and roll back altcoins below average.

BCH / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/07/2019

Yesterday, after a daily high, the BCH price fell back to the level of average prices.

Today, sellers can increase pressure and break through the support of the EMA55. As we have already noted, the likely level of support when leaving the side range is in the region of 275.00 USD.

LTC / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/07/2019

Buyers couldn't test yesterday afternoonthe upper dashed line and at night the LTC / USD pair rolled back to the hourly EMA55. Trading volumes decreased, and at the moment the price is balancing at the level of average prices.

If sellers duplicate the bearish momentum today, then they will break the support of the moving average and roll back the pair to the level of 78.6% Fibo (59.31 USD).

EOS / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/07/2019

Yesterday's buyers fight abroad 3.650 USD was unsuccessful. In the evening, the pair rolled back close to the level of average prices, and this morning there is a high probability of a breakthrough of this support and a pullback below the purple trend line.

We believe that the decline will not be deep and will stop at the level of 3.43 USD.

XLM / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/07/2019

Yesterday, in the morning, the pair was held in a narrow consolidation around the level of 0.080 USD. In the second half, a decline began, which this morning reached the level of average prices.

It seems that sellers today will be able to continue the rollback to the yellow dotted support (0.070 USD)