November 27, 2022

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

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

Throughout yesterday hourly moving average EMA55 clearlyfulfilled as a resistance level. Tonight, support for the POC line could not stand a short bearish momentum, and the BCH price sank below the level of 23.6% Fibo (206.95 USD).

In the morning, buyers are trying to restore the pair tothe previous level, but still can not overcome the resistance of the Fibonacci level of 23.6%. If you fail to get to the top, then until the end of the day the decline may continue below the psychological mark of 200.00 USD.

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

The pair LTC / USD was yesterday in the lateral range. In the evening, buyers tried to expand the boundaries of the range, but could not overcome the resistance of the average price level. The watch EMA55 turned the pair down, and the price rolled back to the area of ​​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 / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 12/04/2019

Yesterday, buyers could not 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 / USDAnalysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 12/04/2019

Yesterday, trading volumes were low and buyers kept the price in the area of ​​the watch EMA55. However, at night from a weak bearish impulse the pair dipped 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.