May 12, 2024

Bitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/15/2020

Bitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/15/2020

Most altcoins are holding in the average price area, but will they be able to continue today?recovery?

BCH / USDBitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/15/2020

Yesterday, buyers were unable to overcome the resistance of 230.00 USD. The price of bitcoin cash reversed, but the POC line (222.58 USD) stopped the decline. 

Until morning, the couple was stuck in a narrow consolidation righton the Point Of Control indicator line. If the bears can increase sales, then the decline to the support level of 23.6% Fibo (206.96 USD) will continue today.

LTC / USDBitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/15/2020

Yesterday buyers did not stop trying to break throughthrough the two-hour EMA55, but they failed to continue the positive dynamics of the pair. Litecoin price was in a narrow sideways range below the average price level. 

If we manage to increase purchase volumes today,then the growth will continue to the area around 44.00 USD. If buyers are unable to break through the average price level, then the pair will fall below the Point Of Control line. 

EOS / USDBitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/15/2020

Yesterday there was a slight surge in activitybuyers. In the afternoon, they managed to break through the two-hour EMA55 and mark a new local maximum at 2.50 USD in the weekly EOS price dynamics. It was not possible to consolidate above the average price level, and at night the pair rolled back below the moving average EMA55. 

This morning a weak impulse brought the price back to the areayesterday's high, but in order to continue the upward weekly dynamics it is necessary to increase the volume of purchases. If it is not possible to increase volumes, the pair will roll back to the POC line (2.29 USD). 

XLM / USDBitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/15/2020

Yesterday, Stellar trading volumes were declining.The pair tried to stay in a narrow consolidation at the level of average prices, but every now and then it fell to the green trend line, which kept the price in an ascending channel. 

If today buyers can increase volumes, then the price will test the psychological level of 0.050 USD. If the bears resume pressure, the pair will roll back to the POC line.