April 30, 2024
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Bitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/23/2020

Bitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/23/2020

Despite the morning pullback, continued growth is possible today.

BCH / USDBitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/23/2020

Yesterday recovery dynamicsbitcoin cash continued. The pair broke through the average price level and overcame the lower limit of the blue range. At the end of the day, buyers stopped around the 236.00 USD mark. 

During the Asian session, it was not possible to continue the growth, and in the morning sellers pushed the price of bitcoin cash out of the blue corridor. We believe that the decline may continue towards the two-hour EMA55. 

If the level of average prices does not hold the pair, then the price will reach the POC line (222.98 USD). Soon, growth may resume to the upper limit of the wide blue range (260.00 USD)

LTC / USDBitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/23/2020

Yesterday, buyers continued to recover the Litecoin price and surpassed the two-hour EMA55 level. The daily high is set at 42.41 USD. 

It was not possible to continue growth at night, andThis morning the pair has again returned to the area of ​​average prices. During the day, a decline is possible towards the support of 38.2% fib. We believe that this support zone can turn the pair towards recovery and growth towards the fifty percent fibonacci level will soon resume. 

EOS / USDBitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/23/2020
   

The EOS price yesterday overcame the 2.60 USD resistance and set the daily high at 2.66 USD. This morning the pair returned to the average price area and is trying to find support. 

If sellers push through the two-hour moving average, the pair will roll back to 2.50 USD. We believe that by the end of the day, buyers will be able to resume growth to the area of ​​2.80 USD. 

XLM / USDBitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 04/23/2020

Yesterday, the price growth of Stellar continued in the regionrising green trend line. Before the end of the day, the pair tested the trend line and consolidated in this zone in a short consolidation. During the Asian session, the bulls broke through the green resistance with a strong impulse, and in the morning they renewed the April high around 0.0589 USD. 

At the moment, the price has slightly rolled back from the maximum zone, but we look forward to continued growth in the area of ​​0.060 USD.

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