Today, there is still a possibility that altcoin prices will continue to recover
BCH/USD
Yesterday, the recovery of Bitcoin Cash paused at the daily high of 781.53 USD. The BCH/USD pair gradually went sideways at the 750.00 USD line with a very small amplitude of fluctuations. Stochastic has formed a downward signal on the four-hour time frame, but the price is in no hurry to fall below 740.00 USD.
On the eight-hour chart, the stochastic indicator has not yet left the neutral zone, so there is potential for a recovery to the level of 800.00 USD. If purchases are supported by volumes, then a re-test of the 23.6% fib resistance (841.89 USD) is possible.
Activation of bearish pressure may push the price below the zero fibonacci level, approximately to around 600.00 USD.
EOS/USD
On the recovery of the pair yesterday set the daily high at 8.48 USD and is gradually rolling back to the support of 7.90 USD. There has not yet been a significant rise in activity on fundamental news, but recovery to 9.00 USD remains relevant until a stochastic signal to decline is formed in the oversold zone. If this happens in the near future, without a recovery to nine dollars, then the price should not break through the support of the 6.30 USD line.
LTC/USD
Litecoin yesterday recovered to the level of 84.52 USD. Then the volume of transactions decreased sharply and the price rolled back to some equilibrium state in the area of 82.00 USD. Our forecast for the re-test of EMA55 (90.00 USD) remains valid for now, but it should be taken into account that in the absence of a clear signal for growth, the exit from such a sideways movement may be in a downward direction to the support level of 76.00 USD.
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