XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) rose to a three-day high today, as bulls continued to target a key price ceiling.
XLM/USD hit a high of 0.1271 earlier in the day, less than 24 hours after trading at 0.122.
The move comes as the 10-day (red) moving average approaches an upward crossover with its 25-day (blue) counterpart.
This is the closest that stellar traders have come to taking the price over a resistance zone of 0.1300 since Tuesday.
Today’s surge came as the 14-day RSI broke free of a ceiling at 49.00, moving to a current level of 51.08.
earlier gains have marginally eased, with XLM now trading at $0.1253.
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Xlmanaliysis
XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) also hovered in the green, as the price remained near a resistance level of 0.1300.
XLM/USD rose to a peak of 0.1243 earlier in the day, which comes following a low of 0.1178 the day prior.
The move comes as the 10-day (red) moving average approaches an upward crossover with its 25-day (blue) counterpart.
the RSI is on the cusp of breaking out of a key resistance level of 50.00, which has been held for close to a month.
Bulls will potentially aim to penetrate this point in the coming days, taking the price near a ceiling of $0.1400.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) rose higher on Saturday, following a recent six-day losing streak which pushed the price to a multi-month low.
XLM/USD climbed to an intraday peak at 0.12 earlier in today’s session, which comes following a low of 0.1115 the day prior.
The move comes as Stellar continued to move away from a support point at 0.110, which was hit on Thursday.
This was the first time the price collided with this floor since mid-June and comes as the relative strength index (RSI) hit its own floor at 30.00.
the index has also rebounded and is now tracking at 34.84, which is marginally below a ceiling of 36.00.
Should it push past this point, the next likely price target will be around a ceiling of $0.1340.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you