March 28, 2024

Price analysis of Bitcoin Cash, Cardano, Litecoin, EOS and Stellar on 07/15/2020

Price analysis of Bitcoin Cash, Cardano, Litecoin, EOS and Stellar on 07/15/2020

Today buyers will try to strengthen the weak recovery dynamics of prices.

BCH / USDPrice analysis of Bitcoin Cash, Cardano, Litecoin, EOS and Stellar on 07/15/2020

Yesterday morning pricebitcoin cash fell out of the wide blue range and no matter how hard the buyers tried, they failed to gain a foothold above the resistance of 230.00 USD. 

Today, attempts to return to the wide sideways range will be repeated. If buyers are unable to overcome the lower border of the blue corridor, then the price may roll back to the support of 220.00 USD. 

ADA / USDPrice analysis of Bitcoin Cash, Cardano, Litecoin, EOS and Stellar on 07/15/2020

Cardano is still ahead of Litecoin inCoinMarketCap rating. With a capitalization index of $3.3 billion, it increased the lead to $500 million. However, despite yesterday’s recovery dynamics, the price of ADA was unable to update the weekly maximum around the 0.136 USD mark and today may return to support 0.127 USD. 

If the two-hour EMA55 level keeps the pair from a deeper rollback, then soon buyers will again try to test the resistance of 0.140 USD. 

If the bears push through the average price level, the price will roll back to the area around 0.120 USD. 

LTC / USDPrice analysis of Bitcoin Cash, Cardano, Litecoin, EOS and Stellar on 07/15/2020

Yesterday morning a blue trend line had a priceLTC support, but the pair could not overcome the resistance at 44.00 USD. The weak recovery dynamics of the price led to the fact that yesterday, for a while, Chainlink ahead of Litecoin in terms of capitalization, moving it to ninth place in the CoinMarketCap table. To date, the asset has returned to eighth place.

Today, after a rollback to the area of ​​the POC line (43.43 USD), buyers will try to break above the average price level. However, if the bears break the support of the blue trend line, the pullback will continue to the weekly low zone of 42.50 USD. 

EOS / USDPrice analysis of Bitcoin Cash, Cardano, Litecoin, EOS and Stellar on 07/15/2020

Yesterday EOS trading was at extremely low levelsvolumes, and buyers were unable to recover to the average price area. At the end of the day, the pair rebounded from the ascending trend line to the POC line (2.55 USD). 

Today, buyers can try to break through the resistance of 2.60 USD, but if the growth is not supported by volumes, then they will not be able to gain a foothold above the blue trend line. 

XLM / USDPrice analysis of Bitcoin Cash, Cardano, Litecoin, EOS and Stellar on 07/15/2020

Yesterday morning the price of Stellar dropped to the level of0.085 USD. During the day, sales volumes decreased and the pair recovered above the average price level, but failed to gain a foothold around the 0.094 USD mark. 

Today, a rollback to the two-hour EMA55 is possible. If the moving average does not limit the decline, the pair will return to the zone of yesterday's low.