Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/12/2019

If trading volumes remain below average, altcoin prices could see some gains today.consolidate.

BCH / USD

Yesterday morning sellers pushed through the average levelprices, but further decline was not supported by large volumes and stopped around the 280.00 USD mark. By the end of the day, buyers tried to restore the price, but they have not yet managed to overcome the resistance of the 38.2% Fibonacci level (289.51 USD).

This morning another attempt by buyersgot stuck at the same resistance line. If we manage to increase the volume of purchases and break through this level, then the daily maximum is possible in the area of 300.00 USD. 

LTC / USD

Yesterday's onslaught of sellers weakened in the areaUSD 60.40 mark, and in the afternoon buyers took over the initiative. Trading volumes were small, but the pair managed to return to the average price level.

This morning the price is consolidating below the hourly moving average EMA55, and there is a possibility that before the end of the day it will roll back to the 78.6% Fibonacci level (59.31 USD).

EOS / USD

Sellers broke through the hourly EMA55 level yesterday in hopes of testing the support of 3.30 USD, but the decline stopped at the POC line (3.45 USD).

EOS price has been consolidating in the range ofarea of Point of Control, and has now recovered to the EMA55 moving average. If buyers manage to overcome the average price level, they will be able to test the resistance of 3.65 USD. 

If it is not possible to break through EMA55, then consolidation in the POC area will continue. 

XLM / USD

Yesterday, shoppers struggled with the lingeringa rollback at the level of average prices. They managed to restore the pair to the area of 0.080 USD. At night, the recovery continued and on the Kraken exchange, the maximum was set in the area of 0.082 USD.

The Bittrex exchange experienced an abnormal surge in volatility, which was suppressed within 15 minutes.