Bitcoin Cash, Litecoin, EOS and Stellar Lumen price analysis on 06/04/2020

Of all the assets under consideration, only the price of Stellar was able to return to the June maximum zone. Is it possibletoday are hoping for a recovery in prices of the remaining altcoins?

BCH / USD

Yesterday, buyers took advantage of support onlevel of average prices and restored the BCH/USD pair to the upper border of the blue corridor. This morning, the resistance at 260.00 USD did not release the price of bitcoin cash from the sideways range and turned the pair into a rollback. 

We believe that around the 250.00 USD mark, the price decline may stop and buyers will make another attempt to break through the upper boundary of the wide side corridor. 

LTC / USD

Buyers were able to overcome resistance yesterdaytwo-hour moving average EMA55 and continued to recover. However, until this morning, they had not managed to return to the zone of the June maximum, set around the 50.00 USD mark. 

The recovery took place in small volumes andpaused at 48.00 USD. We believe that after a rollback to the area of ​​46.66 USD, growth will resume and the pair will be able to test the fifty-dollar mark. 

EOS / USD

Yesterday buyers couldn't overcomeresistance two-hour EMA55. Low trading volumes and weak support at 2.66 USD limited the EOS price from further drawdown. And only during the Asian session were buyers able to break through the moving average EMA55, and in the morning set a maximum around 2.75 USD. 

Currently the price is rolling back to the areaPOC lines (2.71 USD). If the bears do not increase volumes, then just below the Point Of Control line the decline will stop, and buyers will try to continue growing into the zone of the first June maximum.  

XLM / USD

The price of Stellar Lumen continued to recover yesterday and this morning was able to update the monthly high at 0.087 USD. 

Now the pair has rolled back a bit, but it is possible that around the 0.082 USD mark, buyers will try to resume growth and continue to move to the annual maximum of 0.089 USD set in February.