Bitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/13/2020

Tonight prices sank under strong bearish momentum. Will sellers be able to continue their onslaught?

BCH / USD

Bitcoin cash price last weekendconsolidated in the side blue corridor. On Sunday, buyers restored the price to the two-hour EMA55, but overnight the bears rolled the pair beyond the lower border of the corridor. 

This morning the decline stopped at the linePOC (222.58 USD), and if it provides support to buyers, the asset price will try to return to the sideways range. However, we believe that the level of 230.00 USD will provide resistance and the decline will continue to the 23.6% fib (206.96 USD). 

LTC / USD

Yesterday evening the LTC/USD pair recoveredthe area of ​​average prices and tried to gain a foothold at the level of the two-hour EMA55, however, in the Asian session, the bears pushed the Litecoin price below the support of 38.2% fib (40.26 USD). 

This morning the price rebounded and is tryingconsolidate at the 38.2% fibonacci level. If pressure from the bears does not resume, then the pair will remain in consolidation for some time, but soon a decline to the 23.6% fib level (33.37 USD) is possible. 

EOS / USD

On Sunday, the EOS price failed to recover above the lower green trend line. At the resistance level of 2.60 USD, sellers intensified their pressure and rolled the pair back to the area of ​​2.33 USD. 

If today the bears push the POC line (2.30 USD), then the pair will roll back even deeper, to the support of 2.20 USD. A break of this strong support could see the price of EOS fall to two dollars per coin at the end of this week. 

XLM / USD

Last Sunday, buyers restored the Stellar price above the psychological level of 0.050 USD, but were unable to return the pair above the green uptrend line. 

Tonight the pair rolled below averageprices and tested the bottom trend line of support. Now the price is consolidating in a narrow range, but it seems that soon, the decline will resume to the POC line (0.0397 USD).