Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 12/04/2019

Will buyers today be able to return the price to the previous level?

BCH / USD

Throughout yesterdayhourly moving average EMA55 clearworked as a resistance level. Tonight, the support of the POC line did not withstand the short bearish impulse, and the price of BCH sank below the 23.6% fib level (206.95 USD). 

In the morning, buyers try to restore the pair tothe same level, but cannot yet overcome the resistance of the 23.6% Fibonacci level. If you fail to break through to the top, then before the end of the day the decline may continue below the psychological mark of 200.00 USD. 

LTC / USD

The LTC/USD pair was in a sideways range yesterday.In the evening, buyers tried to expand the range, but were unable to overcome the resistance of the average price level. The hourly EMA55 turned the pair downward, and the price rolled back to the area around 44.00 USD. 

In the morning, the decline stopped in the shortconsolidation. If buyers cannot restore the price above the level of 50% Fibo (45.82 USD), then soon you can see how the pair is testing November lows.

EOS / USD

Yesterday, buyers were unable to gain a foothold above the average price level, and at night the pair rolled back just below the Point of Control line (2.63 USD). 

To begin the recovery, the price of EOS needs to overcome the resistance of the POC line and gain a foothold in the area of ​​the sentry EMA55, otherwise the decline will continue to the area of ​​2.50 USD.

XLM / USD
 

Yesterday, trading volumes were low and buyers kept the price in the hourly EMA55 area. However, at night, due to a weak bearish impulse, the pair sank below the support of 0.055 USD. 

Today in the region of the mark 0.054 USD buyers will try to seize the initiative to return the price sideways. However, if such a recovery is not supported by large volumes, then the decline will continue to support 0.053 USD.