Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 12.12.2019

Today, the slow slide in altcoin prices will continue.

BCH / USD

Yesterday, customers tried throughout the daybreak above the 23.6% fib level (206.95 USD), but still have not been able to gain a foothold above this resistance. At night the price rolled back a little, but the pair remained within the weekly low. 

Today the decline may continue to the psychological level of 200.00 USD. 

LTC / USD

Yesterday, the hourly EMA55 turned the pair downward, but there is no significant pullback yet. At the end of the day, the price was stuck around 43.34 USD and tried to consolidate. 

Trading volumes are light in the morning, but the LTC price continues to slowly roll back to last month's low. The pair's recovery will be limited by the level of average prices. 

EOS / USD

Yesterday market activity was low andbuyers were unable to achieve a retest of the average price level. In the afternoon, a weak bearish impulse returned the EOS price to the weekly low zone, and at night sellers updated the minimum to the level of 2.53 USD. 

In the morning the price consolidated in a narrow range, but before the end of the day the decline may continue to the area of ​​2.50 USD. 

XLM / USD

Yesterday, buyers took advantage of the supportlevel of 0.053 USD, but it was not possible to restore the Stellar price above the average level. At the end of the day, the pair rolled back below the support of 0.053 USD, and at night the price updated the weekly low. 

Today, the decline will continue to a new local minimum of 0.051 USD.