related article: He was bullied at school but now lives a lavish lifestyle thanks to trading in Bitcoin and other cryptocurrency
Today we should expect a market recovery, but will it be productive?
BCH / USD
Yesterday, the level of 23.6% Fibo (206.95 USD) kept the BCH price from the onslaught of sellers for half a day. Towards evening, the bears sold this support level and set a minimum around 203.00 USD.
related article: Australian investor bought a 2,800sqm property in Charleville with money he earned by innovative financial tool
At night, buyers tried to return the price higher.the level of 23.6% Fibonacci, but to consolidate above it in the consolidation is not yet possible. Today, buyers will continue to try to test the level of average prices, but sellers can resume pressure, and the price will roll back to the psychological mark of 200.00 USD.
LTC / USD
Yesterday, sellers managed to push support 44.00 USD, but we did not see a significant decrease. The local minimum is set at 43.62 USD. At night, it was difficult to move the bears deeper, and in the morning, buyers returned to support at 44.00 USD.
Today there will be attempts to break above the levelaverage prices, to the POC line, but if the watch EMA55 depresses the pair, the rollback will continue, and closer to the weekend we can see the update of the recent low (42.17 USD), which was fixed on November 25.
EOS / USD
Yesterday, sellers increased pressure and in the evening the price of EOS set a minimum around 2.57 USD. Last night, buyers restored the price to 2.60 USD and are trying to continue to grow.
Perhaps they will be able to test the timeEMA55, but to overcome this level of average prices, you need to connect quite large volumes. If during the day the volumes stay at a low level, then the pair will return to the zone of yesterday's low.
XLM / USD
Stellar price cuts continued yesterday. The XLM / USD pair broke through the support of 0.053 USD and reversed at the low point of 0.052 USD.
At night, buyers tried to restore the pair tolevel of average prices, but until the morning to test the watch EMA55 failed. Today, buyers will try to use the support of 0.053 USD and try again to break through the moving average EMA55. If the bulls can increase the volume, then the growth will reach the POC line (0.056 USD).
If you fail to overcome the average price level, then the price will update yesterday's low.