June 15, 2021

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

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

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

This morning, volatility declined and the pairagain hung in a narrow sideways over support of 263.00 USD. We believe that during the day the decline will continue to support USD 260.00, but the pair will be able to stay within the wider side corridor indicated by green dashed lines ($ 260 - $ 270).

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

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 gain a foothold above 78.6% Fibo (59.31 USD).

Tonight, trading activity declined and today began with the consolidation of prices in a narrow range at the moving average of EMA55.

If this level of average prices has a pairsupport, then buyers will recover in the area of ​​yesterday's maximum 60.00 USD. If sellers continue to press, the pair will roll back to the POC line (58.24 USD).

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

Sunday buyers intenselyrestored 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 level of average prices and is trying to get support from the watch EMA55.

If sellers sell this support, then we believe that we should not expect too deep a decline. The pair may consolidate at the level of 3.370 USD.

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

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

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.