Bitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 05/15/2020

Today altcoin prices will try to continue their recovery.

BCH / USD

Weekend price of bitcoin cashconsolidated at the level of two-hour EMA55 and rose above 250.00 USD. This morning a local maximum was set at 255.46 USD. 

The BCH/USD pair is still in wide rangeside corridor, and today a re-test of its upper limit (260.00 USD) is possible. If buyers are able to break through this resistance, then the next high is possible in the area of ​​266.00 USD. 

LTC / USD

Last weekend, the LTC/USD pair gained a foothold inaverage price areas. Tonight, the Litecoin price recovery continued, and the pair broke through the resistance of the fifty percent Fibonacci level (45.83 USD), setting a high around 46.60 USD. 

In the morning the pair rolled back from its high point below 50%Fibo (45.83 USD). We believe that the decline may stop around 45.00 USD, and if buyers can continue to recover, the pair will return to the highs of the week before last at 49.00 USD. 

EOS / USD

At the end of last week, the EOS price tried to continue its recovery, but kept rolling back to the support of 2.60 USD. 

Tonight at the Asian session the couple startedgrowth and reached a maximum at 2.76 USD. In the morning the price rolled back, but it seems that buyers will try to hold the pair near the POC line (2.72 USD) and continue to recover to the level of 2.80 USD.  

XLM / USD

Yesterday, buyers tried to test the Point Of Control line (0.072 USD), but by the end of the day the pair rolled back to the average price area. 

In the Asian session, an attempt to recover toThe POC line has repeated itself, but buyers have not yet been able to gain a foothold above this level. If they are able to increase volumes, the pair will consolidate around the 0.074 USD mark. 

If today it is not possible to break through the resistance of the POC indicator line, the rollback may continue to the two-hour moving average EMA55.