Stellar Lumens (XLM) Forum with if you love Stellar Lumens please takeover this forum email =cs@frasindo.com




Stellar (XLM) Initiates an Uptrend; May Form Another Higher Low
  • 6 Vote(s) - 2.67 Average
  • 1
  • 2
  • 3
  • 4
  • 5

#1
[Image: Stellar-Lumens-Cryptonewsz-1.jpg]
Stellar (XLM) Initiates an Uptrend; May Form Another Higher Low

  • Stellar price has started a mild bull-run; yet to cross $0.056
  • The XLM coin seems to have a support level at $0.054 which corresponds to the 0% Fib level
  • Technicals are likely to enter a bullish zone with an intact bullish trendline

Stellar had struck a notable price spike yesterday when it touched $0.057 price mark and then pulled back. The overall bearish crypto market has been playing a vital role regarding the sluggish trend of the coin. However, XLM coin has recently started to recover its loss of valuation at a slow pace.


Stellar Price Prediction

Yesterday, the XLM price took a sharp rise after dipping below $0.054 from $0.055. After a downward correction, the coin has remained above the 61.80% Fib level. Before closing the day, Stellar price heftily declined and bottomed at $0.0541. 

The coin seems to have a support level there as it attempted a mild price recovery above $0.055.

Today, Stellar has opened at around $0.054, and after maintaining its price range there, the coin has started an upside movement. The XLM coin is already above the 23.60% Fib level and is likely to go beyond the 38.20% Fib level. A steady price rally above the 78.60% Fib level can be considered as a substantial price recovery. At 10:59:12 UTC, the price of Stellar is trading at $0.0552.

[Image: Stellar-Price-Chart-4.png]

Here, Bollinger bands are yet to show any volatility sign according to the chart. The MACD indicator is in the bullish zone with its MACD line on the upside. Also, RSI is above 50, showing a stable phase.

Stellar Lumens is likely to see resistance at $0.0564, $0.0574, and $0.0584 and support levels at $0.0544, $0.0534, and $0.0524.




source https://www.cryptonewsz.com/stellar-xlm-...low/54070/
by Ruti Vora
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  Stellar (XLM) Releases Horizon 1.0. What makes it a Major Release? Details crytocure 0 524 25-02-2020, 12:13 PM
Last Post: crytocure
  Stellar-Based Ecosystem BRIDGE Releases All-In-One Trading Solution crytocure 0 444 25-02-2020, 12:08 PM
Last Post: crytocure
  Stellar(XLM) Price Rally Toward $3 Predicted by 'Five-Year Ascending Channel': Trader crytocure 0 498 24-02-2020, 02:15 PM
Last Post: crytocure
  Stellar (XLM) Exhibits Bearish Crossover on the Hourly Chart crytocure 0 472 24-02-2020, 11:25 AM
Last Post: crytocure
  Stellar Lumens (XLM) Will work with the United States to make Blockchain Thrive in crytocure 0 452 21-02-2020, 08:10 AM
Last Post: crytocure
  Stellar (XLM) Corrects Down Below $0.070 mark in 7-days crytocure 0 449 20-02-2020, 02:23 PM
Last Post: crytocure
  Stellar Awaits “Golden Crossover” on a Daily Chart; Gains Over 9% crytocure 0 482 19-02-2020, 11:21 AM
Last Post: crytocure
  Stellar joins Blockchain Association for mainstream adoption crytocure 0 459 19-02-2020, 11:03 AM
Last Post: crytocure
  Stellar’s Jed McCaleb Says His XRP Sell-Off Won’t Disrupt Crypto Market crytocure 0 415 19-02-2020, 10:56 AM
Last Post: crytocure
  Stellar (XLM) Registers 17% Hike in the Last 30 Days crytocure 0 504 18-02-2020, 01:58 PM
Last Post: crytocure



Users browsing this thread: 1 Guest(s)