Bitcoin Cash, Litecoin EOS and Stellar Lumen price analysis on 04152020
 |
| Bitcoin Cash, Litecoin EOS and Stellar Lumen price analysis on 04152020 |
Most altcoins are held in the middle price range, but can they continue to recover today? Yesterday, buyers could not overcome the resistance of 230.00 USD. The price of bitcoin cash reversed, but the POC line (222.58 USD) stopped the decline.
Until the morning, the pair was stuck in a narrow consolidation right on the Point Of Control indicator line. If the bears can increase sales, then the decline to the support level of 23.6% Fibo (206.96 USD) will continue today. Yesterday, buyers did not stop trying to break through the two-hour EMA55, but they failed to continue the positive dynamics of the pair. The price of Litecoin was breaking in a narrow lateral range below the level of average prices.
If today it is possible to increase the volume of purchases, then the growth will continue to the area of 44.00 USD. If buyers are unable to break through the average price level, the pair will fall below the Point Of Control line. Yesterday, there was a slight surge in customer activity. In the afternoon, they managed to pierce the two-hour EMA55 and designate in the weekly dynamics of the EOS price a new local maximum at 2.50 USD. It was not possible to consolidate above the level of average prices, and at night the pair rolled back below the moving average EMA55.
This morning, a weak impulse returned the price to the area of yesterday's maximum, but in order to continue the upward weekly dynamics, it is necessary to increase the volume of purchases. If the volumes cannot be increased, the pair will roll back to the POC line (2.29 USD). Yesterday, trading volumes on Stellar declined. The pair tried to stay in narrow consolidation at the level of average prices, but every now and then fell to the green trend line, which kept the price in the upward channel.
If today buyers can increase volumes, then the price will test the psychological level of 0.050 USD. If the bears resume pressure, the pair will roll back to the POC line.
Until the morning, the pair was stuck in a narrow consolidation right on the Point Of Control indicator line. If the bears can increase sales, then the decline to the support level of 23.6% Fibo (206.96 USD) will continue today. Yesterday, buyers did not stop trying to break through the two-hour EMA55, but they failed to continue the positive dynamics of the pair. The price of Litecoin was breaking in a narrow lateral range below the level of average prices.
If today it is possible to increase the volume of purchases, then the growth will continue to the area of 44.00 USD. If buyers are unable to break through the average price level, the pair will fall below the Point Of Control line. Yesterday, there was a slight surge in customer activity. In the afternoon, they managed to pierce the two-hour EMA55 and designate in the weekly dynamics of the EOS price a new local maximum at 2.50 USD. It was not possible to consolidate above the level of average prices, and at night the pair rolled back below the moving average EMA55.
This morning, a weak impulse returned the price to the area of yesterday's maximum, but in order to continue the upward weekly dynamics, it is necessary to increase the volume of purchases. If the volumes cannot be increased, the pair will roll back to the POC line (2.29 USD). Yesterday, trading volumes on Stellar declined. The pair tried to stay in narrow consolidation at the level of average prices, but every now and then fell to the green trend line, which kept the price in the upward channel.
If today buyers can increase volumes, then the price will test the psychological level of 0.050 USD. If the bears resume pressure, the pair will roll back to the POC line.