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, buyers tried to break above the level of 23.6% Fibo (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 mark of 200.00 USD.

LTC / USD

Yesterday, the watch EMA55 turned the pair down, but there is no significant pullback yet. At the end of the day, the price got stuck at around 43.34 USD and tried to consolidate.

In the morning, trading volumes are small, but the price of LTC continues to slowly roll back to the minimum of the last month. Recovery of the pair will be limited by the level of average prices.

EOS / USD

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

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

XLM / USD

Yesterday, buyers took advantage of supportlevel 0.053 USD, but it did not work 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.