Stellar (XLM/USD) Price May Retest Previous Low at $0.24

27 October 2021 | Updated: 27 October 2021

STELLAR Price Analysis – October 27

Stellar price may retest the previous low support level at $0.24 provided it break down the support level of $0.30 level, it may decrease further below $0.24 level. The relative strength index period 14 is below 50 level bending down to indicate sell signal.

XLM/USD Market

Key Levels:

Resistance levels: $0.42, $0.48, $0.55

Support levels: $0.35, $0.30, $0.24

XLM/USD Long-term Trend: Bearish

Stellar is bearish on the daily chart. Stellar found support at $0.2446 on September 28. A bullish engulfing candle formed at the level and the price increases. The former resistance level of $0.30 was penetrated and the price increases to $0.35 level. The just mentioned level could not hold the price. It was broken upside and tested resistance level of $0.4268 on October 16. It pulled back and low volatility set in; the price begins a consolidation movement.

XLMUSD Daily chart, October 27

The bears are increasing their pressure and the price is breaking down the dynamic resistance levels downside. The price is trading below the 9 periods EMA and 21 periods EMA. Stellar price may retest the previous low support level at $0.24 provided it break down the support level of $0.30 level, it may decrease further below $0.24 level. The relative strength index period 14 is below 50 level bending down to indicate sell signal.

XLM/USD Medium-term Trend: Bearish

Stellar is on the bearish movement in the 4-hour chart. After the breaking up of the former resistance level of $0.35 last two weeks, Bulls increased their pressure and the price increase to test the resistance level of $0.42. It pulled back and commenced ranging movement within $0.42 and $0.35. Today, bears gains more momentum and break down $0.35 heading towards $0.30 level.

XLMUSD 4-hour chart, October 27

Stellar is trading below the 9 periods EMA and 21 periods EMA and the Relative Strength Index periods 14 is at 20 levels with the signal line pointing down indicating a sell signal.

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Stellar (XLM/USD) Price May Break Up Resistance Level of $0.42

20 October 2021 | Updated: 20 October 2021

STELLAR Price Analysis – October 20

Stellar price may reach the $0.42 resistance level and may break it up to test the resistance level of $0.48 and $0.55 level. In case the resistance level of $0.42 holds, price may face the support levels at $0.35, $0.30 and $0.24.

XLM/USD Market

Key Levels:

Resistance levels: $0.42, $0.48, $0.55

Support levels: $0.35, $0.30, $0.24

XLM/USD Long-term Trend: Bullish

Stellar is bullish on the daily chart. Stellar follow the last week predicted direction. It was reported that it is warming up for a bullish ride as it was consolidating around the resistance level of $0.35. The just mentioned level has been broken up by the bulls last week. The coin is rallying towards the resistance level of $0.42 at the moment.

XLMUSD Daily chart, October 20

The dynamic resistance levels have been penetrated upside by Stellar. The price is trading above the 9 periods EMA and 21 periods EMA. Stellar price may reach the $0.42 resistance level and may break it up to test the resistance level of $0.48 and $0.55 level. In case the resistance level of $0.42 holds, price may face the support levels at $0.35, $0.30 and $0.24.   The relative strength index period 14 is at 60 level bending up to indicate buy signal.

 

XLM/USD Medium-term Trend: Bullish

Stellar is on the bullish movement in the 4-hour chart. Bulls increased their pressure last week and break up the former resistance level of $0.35, the price increase and test the resistance level of $0.42. It pulled back to retest the support level of $0.35 level. Further price increase envisaged in the XLM market.

XLMUSD 4 hour chart, October 10

Stellar is trading below the 9 periods EMA and 21 periods EMA and the Relative Strength Index periods 14 is at 50 levels with the signal line pointing up to indicate a buy signal.

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Stellar (XLM/USD) Price Is warming Up for a Bullish Ride Above $0.35 Level

13 October 2021 | Updated: 13 October 2021

STELLAR Price Analysis – October 13

Stellar price may break up the $0.35 resistance level provided the bulls increase their momentum, it may increase to $0.48 provided the bulls are able to push the price above the resistance level of $0.42.

XLM/USD Market

Key Levels:

Resistance levels: $0.35, $0.42, $0.48

Support levels: $0.30, $0.24, $0.19

XLM/USD Long-term Trend: Bullish

Stellar is bullish on the daily chart. The crypto is warming up for a bullish ride as it is consolidating around the resistance level of $0.35 since last week. The just mentioned level resist the bullish breakout last week. Likewise, the support level of $0.30 holds and the bears could not penetrate it. A bullish breakout at the resistance level of $0.35 envisaged.

XLMUSD Daily chart, October 13

Stellar has penetrated the dynamic resistance levels upside. Stellar is trading above the 9 periods EMA and 21 periods EMA. Stellar price may break up the $0.35 resistance level provided the bulls increase their momentum, it may increase to $0.48 provided the bulls are able to push the price above the resistance level of $0.42. In case the sellers defend the resistance level of $0.35, price may continue to consolidate or commence its bearish movement towards the support levels of $0.30, $0.24, and $0.19.

XLM/USD Medium-term Trend: Bullish

Stellar is on the bullish movement in the 4-hour chart. Bulls maintain their position in the stellar market on the 4-hour chart. Although, there was no significant movement in the stellar market last week. It seems the buyers’ momentum is equal to the sellers’ momentum and the price engage in the consolidation around the resistance level of $0.35.

XLMUSD 4-hour chart, October 13

Stellar is trading around the 9 periods EMA and 21 periods EMA and the Relative Strength Index periods 14 is at 50 levels with the signal line pointing up to indicate a buy signal which may lead to a breakout.

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Stellar (XLM/USD) Price Reverses as $0.24 Support Level Holds

6 October 2021 | Updated: 6 October 2021

STELLAR Price Analysis – October 06

Stellar price may increase to $0.35 levels and may penetrate the level and extend to $0.48 provided the bulls are able to push the price above the resistance level of $0.42. In case the buyers defend the resistance level of $0.35, price may continue its bearish movement towards the support levels of $0.30, $0.24, and $0.19.

XLM/USD Market

Key Levels:

Resistance levels: $0.35, $0.42, $0.48

Support levels: $0.30, $0.24, $0.19

XLM/USD Long-term Trend: Bullish

Stellar is bullish on the daily chart. The crypto was under the control of the bears two weeks ago. The sellers managed to push down the price to the low of $0.24 support level. The bulls interrupted the bears at the $0.24 support level. The bulls pushed up the price to reach the resistance level of $0.30. The mentioned level was broken upside and the price is targeting the resistance level of $0.35.

XLMUSD Daily chart, October 06

Stellar has penetrated the dynamic support levels upside. Stellar is trading above the 9 periods EMA and 21 periods EMA. Stellar price may increase to $0.35 levels and may penetrate the level and extend to $0.48 provided the bulls are able to push the price above the resistance level of $0.42. In case the buyers defend the resistance level of $0.35, price may continue its bearish movement towards the support levels of $0.30, $0.24, and $0.19.

XLM/USD Medium-term Trend: Bullish

Stellar is on the bullish movement in the 4-hour chart. Sellers’ momentum got exhausted at the support level of $0.24 on September 28. The price action has formed a “w” chart pattern which is an indication that the bulls are ready to take over the market. An increase in the bulls’ pressure may push the price above $0.35 level.

XLMUSD 4 hour chart, October 06

Stellar is trading above the 9 periods EMA and 21 periods EMA. However, the Relative Strength Index periods 14 is at 50 levels and the signal line pointing down to indicate a sell signal which may be a pullback.

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Stellar (XLM/USD) Price May Reverse In Case $0.24 Support Level Holds

29 September 2021 | Updated: 29 September 2021

STELLAR Price Analysis – September 29

Stellar price may reduce to the previous low of $0.19 levels and may extend to $0.14 provided the bears are able to push the price below the support level of $0.24 and the daily candle close below it. In case the buyers defend the support level of $0.24, price may commence its bullish trend towards the resistance levels of $0.30, $0.34, and $0.48.

XLM/USD Market

Key Levels:

Resistance levels: $0.30, $0.35, $0.42

Support levels: $0.24, $0.19, $0.14

XLM/USD Long-term Trend: Bearish

On the daily chart, Stellar is bearish.  The bulls pushed the price to each the resistance level of $0.42 on September 06. A big strong bearish daily candle formed and engulfs the previous candle. The price declines and penetrated the support levels of $0.35 and $0.30. More bearish candles emerge and move down towards the support level of $0.24. It decreases further by the bears’ pressure and it is testing the support level at $0.24 at the moment.

XLMUSD Daily chart, September 29

Stellar has penetrated the dynamic support levels downside. Stellar is trading below the 9 periods EMA and 21 periods EMA. Stellar price may reduce to the previous low of $0.19 levels and may extend to $0.14 provided the bears are able to push the price below the support level of $0.24 and the daily candle close below it. In case the buyers defend the support level of $0.24, price may commence its bullish trend towards the resistance levels of $0.30, $0.34, and $0.48.

XLM/USD Medium-term Trend: Bearish

Stellar is on the bearish movement in the 4-hour chart. Sellers hold tight to the Stellar market after a sudden price rejection at the resistance level of $0.42. The crypto commenced a ranging movement last two weeks within the resistance level of $0.35 and support level of $0.30. The bears broke down the support level of $0.30 on September 20. The price is testing the support level of $0.24.

XLMUSD 4 hour chart, September 29

As a sign of bearish market, Stellar is trading below 9 periods EMA and 21 periods EMA. However, the Relative Strength Index periods 14 is above 40 levels and the signal line pointing up to indicate a buy signal which may be a pullback.

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Stellar (XLM/USD) Price: Can Bears’ Pressure Break down $0.24 Support Level

22 September 2021 | Updated: 22 September 2021

STELLAR Price Analysis – September 22

In case the bears are able to push the price below the support level of $0.24 and the daily candle closes below it, then, Stellar price may reduce to the previous low of $0.19 levels and may extend to $0.14. When the buyers defend the support level of $0.24, price may commence its bullish trend towards the resistance levels of $0.30, $0.34, and $0.48.

XLM/USD Market

Key Levels:

Resistance levels: $0.30, $0.34, $0.48

Support levels: $0.24, $0.19, $0.14

XLM/USD Long-term Trend: Bearish

Stellar is bearish on the daily chart.  Two weeks ago, the buyers lost momentum at the resistance level of $0.42. The bears took over the market with the formation of big daily bearish candle which engulfs the previous candles. The price declines and broke down the support levels of $0.35 and $0.30. It is moving down towards the support level of $0.24. Increase in the bears’ pressure may break down the support level at $0.24.

XLMUSD Daily chart, September 22

Stellar has broken down the dynamic support levels. Stellar is trading below the 9 periods EMA and 21 periods EMA at a distance range. In case the bears are able to push the price below the support level of $0.24 and the daily candle closes below it, then, Stellar price may reduce to the previous low of $0.19 levels and may extend to $0.14. When the buyers defend the support level of $0.24, price may commence its bullish trend towards the resistance levels of $0.30, $0.34, and $0.48.

XLM/USD Medium-term Trend: Bearish

Stellar is on the bearish movement in the 4-hour chart. The crypto was on the ranging movement last week within the resistance level of $0.35 and support level of $0.30. On September 20, the bears prevail over the bulls to breakout at the support level of $0.30. The price is heading towards the support level of $0.24.

XLMUSD 4 hour chart, September 22

Stellar is currently trading below 9 periods EMA and 21 periods EMA as a sign of bearish market. The Relative Strength Index periods 14 is at 30 levels and the signal line pointing up to indicate a buy signal which may be a pullback.

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Stellar (XLM/USD) Price May Break Up $0.34 Level

15 September 2021 | Updated: 15 September 2021

STELLAR Price Analysis – September 15

When the buyers continue to defend the support level of $0.30, price may continue its bullish trend towards the resistance levels of $0.34, $0.42, and $0.48. In case the bears are able to push the price below the support level of $0.30 and the daily candle closes below it, then, Stellar price may reduce to the previous low of $0.19 levels.

XLM/USD Market

Key Levels:

Resistance levels: $0.34, $0.48

Support levels: $0.30, $0.24, $0.19

XLM/USD Long-term Trend: Bearish

Stellar is bearish on the daily chart.  Last two weeks, the buyers were holding unto the stellar market. The price increased and placed the coin at the resistance level of $0.42 after it broke up the resistance level of $0.34. The sellers opposed the price increase at the $0.48 level. This is seen on the daily chart with the formation of strong big bearish candle; this made the price to test the low at support level of $0.22. The price pulled back to $0.30 level where it started ranging movement.

Stellar daily chart, September 15

Stellar breaks down the dynamic support levels. Stellar is trading below the 9 periods EMA and 21 periods EMA at close range. When the buyers continue to defend the support level of $0.30, price may continue its bullish trend towards the resistance levels of $0.34, $0.42, and $0.48. In case the bears are able to push the price below the support level of $0.30 and the daily candle closes below it, then, Stellar price may reduce to the previous low of $0.19 levels.

XLM/USD Medium-term Trend: Ranging

Stellar is on the ranging movement on the 4-hour chart. The buyers lose momentum when they pushed the price to the high of $0.42. The price decreased to $0.30. The bears’ momentum could not maintain the breakout, the price then pull back to $0.30 where it is currently consolidating. It seems that bulls’ pressure is increasing and there may be a breakout at $0.34.

Stellar 4 hour chart, September 15

Stellar is trading around 9 periods EMA and 21 periods EMA as a sign of ranging market. The Relative Strength Index periods 14 is above 50 levels and the signal line pointing up to indicate a buy signal.

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Stellar (XLM/USD) Price: Resistance Level of $0.42 Rejects Further Increase

8 September 2021 | Updated: 8 September 2021

STELLAR Price Analysis – September 08

In case the bears are able to push the price below the support level of $0.30 and the daily candle closes below it, then, Stellar price may reduce to the previous low of $0.19 levels. If the buyers defend the support level of $0.30, price may continue its bullish trend towards the resistance levels of $0.42, $0.48 and $0.55.

XLM/USD Market

Key Levels:

Resistance levels: $0.42, $0.48, $0.55

Support levels: $0.30, $0.24, $0.19

XLM/USD Long-term Trend: Bullish

Stellar is bullish on the daily chart.  Stellar was being controlled by the bears last two weeks.  The bearish movement was interrupted by the bulls at the $0.35 level. The bulls’ strength increased with the formation of more bullish candles. The price increases towards the resistance level of $0.42. On 07 September, sellers defended the resistance level of $0.42 and increased their momentum with the formation of strong big daily bearish candle which make the price to retest the support level of $0.30.

XLMUSD daily chart, September 08

Stellar breaks down the dynamic support levels. Stellar is trading below the 9 periods EMA and 21 periods EMA, this may be a pullback. In case the bears are able to push the price below the support level of $0.30 and the daily candle closes below it, then, Stellar price may reduce to the previous low of $0.19 levels. If the buyers defend the support level of $0.30, price may continue its bullish trend towards the resistance levels of $0.42, $0.48 and $0.55.

XLM/USD Medium-term Trend: Bearish

Stellar is on the bearish movement on the 4-hour chart. The bulls pushed up the price to test the resistance level of $0.42 on 06 September. An evening star candle pattern formed at the mentioned level and the price obeyed this bearish candle pattern. The price decline and break down the $0.35 level. The support level of $0.30 is tested and it is repelling from the level at the moment.

XLMUSD 4 hour chart, Septembe 08

Stellar is trading below 9 periods EMA and 21 periods EMA as a sign of bearish market. The Relative Strength Index periods 14 is at 40 levels and the signal line pointing up to indicate a buy signal.

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Stellar (XLM/USD) Price: Until Double Top Is Cleared Bears Are in Control

1 September 2021 | Updated: 1 September 2021

STELLAR Price Analysis – September 01

Should the bears push the price down to the $0.30 level and penetrate it, price may decline to $0.22 and $0.16 support levels. Inability to break down $0.30 level may return the price towards the resistance levels above current price at $0.42, $0.50 and $0.57.

XLM/USD Market

Key Levels:

Resistance levels: $0.41, $0.50, $0.57

Support levels: $0.30, $0.22, $0.16

XLM/USD Long-term Trend: Bearish

Stellar remains bearish on the daily chart. The coin continue to remain under the control of the bears. The price reached the high of $0.41 on August 16. The bulls’ pressure could not break up the mentioned level. It pulls back to retest the resistance level second time but the bears interrupted the bulls. This is what make the price action forming a short “M” chart pattern, which is a bearish signal. The price is facing the support level at $0.30.

XLMUSD Daily chart, September 01

Stellar is struggling to break down the dynamic support levels. Stellar is trading between the 9 periods EMA and 21 periods EMA as a symbol of bearish movement. Should the bears push the price down to the $0.30 level and penetrate it, price may decline to $0.22 and $0.16 support levels. Inability to break down $0.30 level may return the price towards the resistance levels above current price at $0.42, $0.50 and $0.57.

XLM/USD Medium-term Trend: Ranging

Stellar is on the ranging movement on the 4-hour chart. After the increase of the price to test the resistance level of $0.41, the bulls’ and the bears’ momentum became weak. Stellar price is consolidating within the range of $0.41 and $0.30. A radical fundamental events may be required to increase the volatility of the XLMUSD market.

XLMUSD 4 hour chart, September 01

Stellar is trading around 9 periods EMA and 21 periods EMA as a sign of consolidating market. The Relative Strength Index periods 14 is below 50 levels and the signal line pointing up to indicate a buy signal.

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Monero (XMR) Price May Break Down $281 Level

29 August 2021 | Updated: 29 August 2021

Monero (XMR) Price Analysis: August 29

When the bulls prevail over the bears and were able to break up the resistance level of $322, it may expose the price to the resistance levels of $361 and $401. The breakdown of the support level of $281 may decrease the price down to the support levels of $244, and $189 price levels.

Key Levels:

Resistance Levels: $322, $361, $401

Support Levels: $281, $244, $189

XMRUSD Long-term Trend: Ranging

On the daily chart, XMRUSD is on the ranging movement. Monero was on the bullish trend last two weeks and the price reached the resistance level at $322. The bulls’ pressure could not break up the $322 level due to the opposition from the bears. The price commences consolidation movement within the range of $322 and $281 levels.

XMRUSD Daily Chart, August 29

The bears are trying to push the price away from the resistance level of $322 as Buyers are exerting pressure on the Monero market. The price is trading between the 9-day EMA and the 21-day EMA on the daily chart. When the bulls prevail over the bears and were able to break up the resistance level of $322, it may expose the price to the resistance levels of $361 and $401. The break down of the support level of $281 may decrease the price down to the support levels of $244, and $189 price levels.

XMRUSD Price Medium-term Trend: Ranging

Monero is ranging on 4-Hour chart. The bulls were able to push up the price to test the resistance level of $322 after passing thru the $281 level. The bulls lose the momentum when the price reached the resistance level of $322. It started a ranging movement within the $322 and 4281 price level.

XMRUSD 4 hour chart, August 29

The 9-day EMA is interlocked with the 21-day EMA and the price continue to hover around the two EMAs, which indicate that bulls’ and bears’ momentum is weak. The relative strength is at 40 levels with the signal line pointing down to indicate sell signal

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