Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 11/18/2019

After some recovery of prices to the average level, the pairs will again roll back to the nearest support levels.

BCH / USD

Last Saturday, the BCH price consolidated atvery narrow range with support at 263.00 USD. On Sunday, buyers, in response to sellers’ attempt to roll back the pair to the support of 260.00 USD, were able to restore the price above the hourly EMA55 level. 

This morning volatility has decreased and the pairagain hovered in a narrow sideways pattern above the support of 263.00 USD. We believe that during the day the decline will continue towards the support of 260.00 USD, but the pair will be able to stay within the wider sideways corridor indicated by the green dotted lines ($260 – $270). 

LTC / USD

On Saturday, the pair recovered to the hourly EMA55, and on Sunday it was able to overcome the resistance of the average price level and consolidate above the 78.6% fib (59.31 USD). 

Trading activity decreased tonight and today began with price consolidation in a narrow range at the level of the moving average EMA55. 

If this level of average prices gives the couplesupport, then buyers will recover to the area of ​​yesterday’s high of 60.00 USD. If sellers continue to press, the pair will roll back to the POC line (58.24 USD). 

EOS / USD

On Sunday, shoppers are busyrestored the price of EOS, but failed to break through the resistance of the Point Of Control line (3.45 USD). At the end of the day, the pair returned to the average price level and is trying to get support from the hourly EMA55. 

If sellers push through this support, we believe that we should not expect too deep a decline. The pair may consolidate at 3.370 USD. 

XLM / USD

On Saturday, the XLM price consolidated in a narrow range at the POC line (0.071 USD). On Sunday, buyers recovered to the average price level, but failed to gain a foothold above it. 

Last night, sellers rolled back prices and sold Point of Control line support. If the bearish pressure continues, the price will fall to the support of 0.068 USD.