Bitcoin Cash ABC, Litecoin, EOS, and Stellar Lumen analysis as of 12.11.2019

Bitcoin Cash ABC, Litecoin, EOS, and Stellar Lumen analysis as of 12.11.2019

Analytics
November 12, 2019 by cryptorolling.com
298
If the trading volumes remain below the average, then today the prices of altcoins will be able to consolidate a little bit.
ng_part_1
009583 - Bitcoin Cash ABC, Litecoin, EOS, and Stellar Lumen analysis as of 12.11.2019

Yesterday morning, sellers squeezed the average price level, but the further decline was not supported by large volumes and stopped around 280.00 USD. Until the end of the day, the buyers tried to restore the price, but failed to overcome the resistance of 38.2% Fibonacci (289.51 USD).

This morning another attempt by the buyers was bogged down at the same resistance level. If we manage to increase the volume of purchases and breakthrough this level, the daily high is possible in the area of 300.00 USD.

009584 - Bitcoin Cash ABC, Litecoin, EOS, and Stellar Lumen analysis as of 12.11.2019

Yesterday’s sellers’ pressure faded around 60.40 USD, and in the afternoon buyers took the initiative. Trading volumes were small, but the pair managed to return to the average price level.

Today the price consolidates under the hourly moving average of EMA55 in the morning, and there is a possibility that before the end of the day it will roll back to 78.6% Fibonacci (59.31 USD).

009585 - Bitcoin Cash ABC, Litecoin, EOS, and Stellar Lumen analysis as of 12.11.2019

Sellers broke through the hourly EMA55 yesterday in the hope of testing the support at 3.30 USD, but the decline stopped at the POC line (3.45 USD).

The EOS price consolidated around the Point of Control until this morning, and now it is back to the EMA55 moving average. If the buyers manage to overcome the average price level, they will be able to test the resistance of 3.65 USD.

If the EMA55 fails to break through, consolidation will continue in the POC area.

009586 - Bitcoin Cash ABC, Litecoin, EOS, and Stellar Lumen analysis as of 12.11.2019

Yesterday, buyers struggled with a prolonged rollback at the average price level. They managed to restore the pair to 0.080 USD. At night the recovery continued and the maximum at Kraken stock exchange was set at 0.082 USD.

An anomalous surge of volatility was observed at Bittrex exchange, which was extinguished within 15 minutes.

009587 - Bitcoin Cash ABC, Litecoin, EOS, and Stellar Lumen analysis as of 12.11.2019

During this time, the price has managed to mark at a maximum of 0.131 USD and return to the average price level.

We believe that today the buyers manage to consolidate above the hourly EMA55 level and to consolidate in a narrowing range.

Subscribe to CryptoRolling Telegram channel.

Add a comment