Analysis of Bitcoin Cash ABC, Litecoin, EOS and Stellar Lumen on 12/27/2019

By the end of today, the selling pressure may intensify.

BCH / USD

Yesterday's buyers were not badIn the evening, they were able to break through the average price level and set a daily high around 194.00 USD.However, it was not possible to gain a foothold in the area of the high.By the end of the day, the pair returned to a sideways range. 

This morning, there were repeated attempts to gain a foothold above the average price level, but we believe that in the second half of the day the price will return to the previous sideways range, and if the sellers start to put pressureIf it grows, the pair may test the level of 180.00 USD. 

LTC / USD

Yesterday, the price of Litecoin consolidated in a sideways range below the 38.2% Fibo level (40.26 USD).In the evening, buyers slightly increased their activity and were able to overcome the resistance of the average price level.The local high was set at 41.62 USD. 

This morning, there are attempts to recover to yesterday's high, but we believe that the pair will return to the consolidation area. 

Strengthening of sellers' positions may lead to a breakout of the lower border of the sideways range and a pullback to the area of 38.00 USD. 

EOS / USD

On Wednesday, sellers pushed the EOS price out of the yellow sideways range of $2.50 – $2.60.Yesterday, buyers managed not only to return the pair to the yellow corridor, but also to test its upper border (2.60 USD).Today, the flat in this range will continue. 

XLM / USD

Yesterday, after a retest of the two-hour EMA55, the pair returned to a sideways range in the area of 0.044 USD. 

Today, buyers will again try to break through the resistance of the average price level, but at the end of the day the pair will return to the lower border of the lateral range.