Price analysis of Bitcoin Cash, Litecoin, EOS and Stellar Lumen on 05.20.2020

Today, buyers will try to continue recovering altcoin prices.

BCH / USD

Yesterday buyers did notwere able to continue to restore the price of bitcoin cash to the upper limit of the blue range. The pair is stuck in a narrowing consolidation above the average price level. 

Today, in the afternoon, buyers will try to test the resistance at 260.00 USD, and the two-hour EMA55 will act as the nearest support level. 

LTC / USD

Yesterday morning, buyers found support atlevel of average prices and restored the LTC/USD pair above the fifty percent fibonacci level. At night, the price tested the POC line (46.16 USD) and rolled back to the area around 45.45 USD. 

This morning, buyers are trying to stay onlevel of 50% Fibo (45.83 USD) and continue to grow. If the volume of purchases can be increased, then growth is possible in the zone of maximums of the week before last, in the area of ​​49.00 USD.

EOS / USD

Yesterday morning, sellers pulled the EOS price lowersupport 2.60 USD, but during the day buyers were able to restore the pair above the two-hour EMA55 level. Trading volumes were quite low, and buyers were unable to continue their recovery to the POC line (2.72 USD). 

Today, recovery attempts mayresume and if purchase volumes can be increased, the pair will consolidate in the area of ​​the Point Of Control indicator line. The nearest support level is at 2.60 USD. 

XLM / USD

Yesterday, the price of Stellar continued to consolidate inarea of ​​the POC line (0.070 USD). The nearest resistance level, which has kept the XLM/USD pair in a sideways range since the beginning of May, is at 0.075 USD. 

If today buyers can break through this level, then the maximum is possible in the area of ​​0.080 USD.