Stellar LumensLong
Stellar Lumens Breakout
Stellar Lumens, along with Litecoin, has broken out of its consolidation phase. It is currently facing resistance at the central moving average of the KRI at $0.43, which is a level we have called out here to the penny. If we retrace, we'll see support from $0.40, the upper bound of the range, then $0.35, the lower bound of the range. If we can best the $0.43 level, then we will face resistance from congestion at $0.47, but after that there is a vacuum zone from above until $0.65.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.