Price analysis of Bitcoin Cash, Litecoin, EOS and Stellar Lumen on 05.26.2020

Yesterday, altcoin prices recovered to the average level.restoration?

BCH / USD

Yesterday, buyers tried to continue the bitcoin cash price recovery and achieved a retest of the two-hour moving average EMA55.However, until this morning, the pair failed to stay within the blue corridor and rolled back just below the support of 230.00 USD. 

Today, the market may continue falling towards the support of 23.6% Fib (206.96 USD). 

LTC / USD

Yesterday, trading volumes were below average and buyers failed to recover to the two-hour EMA55.Even before the end of the day, the price of LTC rolled back to the support of the POC line (42.61 USD) and is trying to stay there in a narrow consolidation until the morning. 

If trading volumes remain low today, the consolidation will continue, and the price maytest the EMA55 moving average.Sellers strengthening will lead to a pullback of the Litecoin price to the 38.2% Fib area (40.26 USD). 

EOS / USD

Yesterday, buyers on small volumes restored the EOS/USD pair to the area of average prices.It was not possible to test the resistance of the two-hour EMA55 – the pair got stuck in a narrow consolidation around the level of 2.50 USD. 

If the EMA55 moving average keeps the price from recovering further today, the pair will continueWe believe that in the near future, sales volumes may be able torise, and the price of EOS will pull back to the upper boundary of the descending purple corridor. 

XLM / USD

Yesterday, buyers tried to recover from the recent low to the area of average prices, but failed to gain a foothold above the resistance of 0.066 USD. 

Today, attempts to test the two-hour EMA55 will continue, but the moving average may turn the pair down and the Stellar price will fall back to the support of 0.060 USD.