April 17, 2021

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11.11.2019

Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11.11.2019

Sunday night altcoins price volatility increased sharply. The bulls updated the monthly maximum and hope to continue the recovery, but can they resist the bears today?

BCH / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11.11.2019

On Saturday, the price of BCH was gradually recovering.after the Friday low, and on Sunday a strong bullish impulse pierced the psychological level of 300.00 USD, but failed to gain a foothold in the maximum zone.

This morning, sellers are gradually interceptinginitiative and, so far on small volumes, rolled back the pair to the level of average prices. If the pressure from the sellers increases, then they will venus the price to support 275.00 USD.

LTC / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11.11.2019

At the weekend, buyers restored the price of Litecoin and recorded a monthly maximum in the region of 66.30 USD. When the volume of purchases fell sharply, the pair sank to the level of average prices.

This morning, sellers stepped up the onslaught and pushed support for the EMA55. The decline may stop in the area of ​​60.60 USD and will move to short-term consolidation.

EOS / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11.11.2019

Sunday evening, at the time of sharp growthvolatility, buyers were able to test the purple trend line, but failed to gain a foothold over it. Trading volumes fell sharply and the pair fell back to the hourly EMA55 level.

If sellers sell this support level, the decline will continue to the area of ​​the Friday low of 3.30 USD.

XLM / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11.11.2019

Tonight, the price of XLM recovered to the area of ​​0.080 USD, but in the morning sellers pushed the pair to the area of ​​average prices.

Given the continued positive momentumStellar Lumen, it can be assumed that buyers today will compete at the level of average prices in order to continue the recovery or consolidate in the consolidation over the EMA55 hourly.