Bitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 05/14/2020

Altcoin prices have surpassed the average level. If he provides support, the recovery will continue.

BCH / USD

Yesterday the positive dynamics of the pair continued, andthe price of bitcoin cash exceeded the level of the two-hour EMA55, setting a daily maximum at around 242.00 USD. The overnight pullback returned the pair to the average price level. 

If this moving average EMA55 keeps the price from further declining to the lower border of the blue corridor, then the recovery will continue to the area of ​​245.00 USD. 

LTC / USD

Litecoin price recovered higher yesterdaytwo-hour EMA55 and marked a daily maximum in the area of ​​44.00 USD. It was not possible to gain a foothold in the maximum zone, and this morning the pair rolled back below the average price level. 

If today buyers try to continue growth and break through the resistance of 44.00 USD, then soon the price will recover above the fifty percent fibonacci level. 

If the purple trend line does not release the pair from the downward channel, then a rollback to the support of 38.2% fib (40.26 USD) is possible. 

EOS / USD

Yesterday, buyers managed to increase theirbuying volumes and restore the EOS price above the two-hour EMA55. At the end of the day, the pair marked a daily high at 2.56 USD, but at night the pair returned to the average price level. 

Recovery could continue todayresistance 2.60 USD. If buyers are able to break through the descending purple trend line, then in the near future we can count on a re-test of the POC line (2.71 USD). 

XLM / USD

Yesterday, buyers were unable to continue growing above the POC line (0.072 USD). The pair came close to this line several times, but each time rolled back to the average price level. 

If buyers overcome the Point Of Control line (0.072 USD), then growth will continue to the green trend line (0.080 USD).