Stellar Price:  Pressure From Buyers to Break Up $0.30 Level

Stellar Price:  Pressure From Buyers to Break Up $0.30 Level

STELLAR Price Analysis – July 28

When the bulls push the coin above the $0.30 level, then, the resistance levels at $0.42 and $0.50 may be tested. In case the resistance level of $0.30 level holds, ranging movement may commence, however, support levels below $0.22 are $0.16 and $0.11.

XLM/USD Market

Key Levels:

Resistance levels: $0.30, $0.42, $0.50

Support levels: $0.22, $0.16, $0.11

XLM/USD Long-term Trend: Bullish

Buyers are gathering momentum to take over Stellar market. In other words, the coin is bullish on the daily chart. Stellar found support at $0.22 level on June 22, retraced shortly and repeated second touch to $0.22 level on July 22. The bulls gained more pressure with the formation of bullish engulfing candle. The price is increasing towards the resistance level of $0.30. Further price increase envisaged as the price is found above the two EMAs.

XLMUSD daily chart, July 28

On the daily chart, buyers are gradually dominating the Stellar market. The price has cross over the 9 periods EMA and 21 periods EMA upside and the former EMA is crossing the later EMA to confirm a bullish trend. When the bulls push the coin above the $0.30 level, then, the resistance levels at $0.42 and $0.50 may be tested. In case the resistance level of $0.30 level holds, ranging movement may commence, however, support levels below $0.22 are $0.16 and $0.11. The relative strength index period 14 is above 50 levels displaying a bullish signal

XLM/USD Medium-term Trend: Bullish

Stellar’s price is increasing as the bulls’ strength increase. The performance of stellar is exciting the buyers in the medium-term outlook, this may be due to a price rejection at $0.22 couple with persistence pressure from the buyers of Stellar. That is to say that, the price actions are in upward trend after it breaks up the dynamic resistance level.

XLMUSD 4 hour chart, July 28

The negative spike is rejected at the important support of $0.22. Further push by the bulls may bring the coin to the resistance level of $0.42. The RSI (14) is at the 50 levels and the signal line pointing up to indicate the buy signal.

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Stellar Price Is Testing $0.19 Support Level, a Potential Reversal Zone

Stellar Price Is Testing $0.19 Support Level, a Potential Reversal Zone

STELLAR Price Analysis – July 21

The price will reach $0.14 and $0.10 provided the support level of $0.19 does not hold. In case the $0.19 holds, the price may increase to the resistance level at $0.30 and $0.35 if the $0.24 level permits.

XLM/USD Market

Key Levels:

Resistance levels: $0.24, $0.30, $0.35

Support levels: $0.19, $0.14, $0.10

XLM/USD Long-term Trend: Bearish

Stellar started a bearish movement on 16 May after several days of bullish movement; this is clearly noticed when the long daily bearish candle emerges that breaks down the support level of $0.35. More bearish candles continue to emerge and the price declines towards the $0.24 price level. The cryptocurrency decreases with the formation of strong daily bearish candles, targeted and tested the $0.19 support level. The mentioned support level prevented further decrease and the price is ranging around $0.19 level.

XLMUSD Daily chart, July 21

The daily chart has shown that sellers are dominating the market. The price has cross over the 9 periods EMA and 21 periods EMA downside and the former EMA is below the later EMA confirming a bearish trend. The price will reach $0.14 and $0.10 provided the support level of $0.19 does not hold. In case the $0.19 holds, the price may increase to the resistance level at $0.30 and $0.35 if the $0.24 level permits. Meanwhile, the relative strength index period 14 is at 20 levels displaying a bullish signal

XLM/USD Medium-term Trend: Bearish

Stellar’s performance is becoming low in the medium-term outlook, this may be due to a persistence pressure from the sellers of Stellar. In other words, the price actions are in downward trend after it breaks out at the $0.24 price level. The market is moving lower and this may continue unless there is a strong opposition from the bulls or the support level at $0.19 holds.

XLMUSD 4 hours, July 21

 

The negative spike may be rejected at the important support of $0.19. Further push by the bears may bring the coin to the low support level of $0.14. The RSI (14) moves into the 50 levels and the signal line pointing up to indicate the buy signal.

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XLM/USD (Stellar) Price: Sellers Are Trying to Break Down $0.22 Support Level

XLM/USD (Stellar) Price: Sellers Are Trying to Break Down $0.22 Support Level

STELLAR Price Analysis – July 14

When the bears increase their momentum, it may break down the support level of $0.22, which may leads to further price decrease to the $0.16, later it may extend to $0.11 level. In case the bears’ pressure unable to break down the support level of $0.22, ranging movement may continue in the stellar market or the price may increase towards the $0.30, $0.42 and $0.50 resistance levels.

Key Levels:

Resistance levels: $0.30, $0.42, $0.50

Support levels: $0.22, $0.16, $0.11

XLM/USD Long-term Trend: Bearish

On the daily chart, Stellar is on the ranging movement. The bears’ momentum has pushed the price to the support level of $0.22. The sellers’ pressure was weak and the mentioned level could not be easily penetrated downside. The bulls were trying to increase their momentum, so as to break up the resistance level at $30 but the confluence at $0.30 prevents the bulls’ pressure. The price is currently consolidating within $0.30 and $0.22 levels. However, the bears are trying to break down the $0.22 level.

XLMUSD daily chart, July 14

Stellar is trading below the 9 periods EMA and 21 periods EMA with the two EMAs bending towards south. It indicate an increase in the bears’ momentum. When the bears increase their momentum, it may break down the support level of $0.22, which may leads to further price decrease to the $0.16, later it may extend to $0.11 level. In case the bears’ pressure unable to break down the support level of $0.22, ranging movement may continue in the stellar market or the price may increase towards the $0.30, $0.42 and $0.50 resistance levels. However, the relative strength index period 14 is bending down at 20 levels to indicate sell signal.

XLM/USD Medium-term Trend: Ranging

On the 4-hour chart, XLM is on the ranging movement. The bulls’ momentum is weak and could not push up the price above $0.30. The bears’ momentum was opposed at the support level of $0.22. The price continue to consolidate within the $0.30 and $0.22 price levels.

XLMUSD 4 hour chart, July 14

The price is hovering around the 9 periods EMA and the 21 periods EMA as a sign of ranging movement. However, the Relative Strength Index period 14 is at 50 levels pointing up to indicate buy signal.

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Monero (XMR) Price Continues a Ranging Movement Within $244 and $189 Levels

Monero (XMR) Price Continues a Ranging Movement Within $244 and $189 Levels

Monero (XMR) Price Analysis: July 11

In case the bulls increase their momentum, the resistance level of $244 may be broken upside, which may increase the price to $281 and $322 resistance levels. In case the bulls are not able to break up resistance level of $244, price may decrease towards the support level of $189, $161 and $136 levels.

Resistance Levels: $244, $281, $322

Support Levels: $189, $161, $136

XMRUSD Long-term Trend: Ranging

On the daily chart, Monero is on ranging movement. Ranging movement continues in the daily market. The bears are yet to gain momentum to break down the support level of $189. Also, the bulls are having low pressure to break up the resistance level of $244. Monero continue ranging movement within the resistance level of $244 and support level of $189.  Unless there is a breakdown of the support level of $189 or the breakup of $244, consolidation continues.

XMR Daily chart, July 11

Monero price is trading below and within the 9 periods EMA and 21 periods EMA as a sign of consolidation movement.   In case the bulls increase their momentum, the resistance level of $244 may be broken upside, which may increase the price to $281 and $322 resistance levels. In case the bulls are not able to break up resistance level of $244, price may decrease towards the support level of $189, $161 and $136 levels.

XMRUSD Price Medium-term Trend: Ranging

Monero is on the ranging movement on 4-Hour chart. The sellers’ pressure remains weak and could not break down the $189 support level. The price is range-bound within resistance level of $244 and $189 support level.

XMRUSD 4 hour chart, July 11

The price is hovering over and around the two EMAs with the 9-day EMA interlocked to the 21-day EMA which indicate that ranging movement is in progress in the Monero market. The relative strength index is at 60 levels displaying no specific price direction.

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XLM/USD (Stellar) Price: Will There Be a Bullish Breakout at $0.30 Level?  

XLM/USD (Stellar) Price: Will There Be a Bullish Breakout at $0.30 Level?  

STELLAR Price Analysis – June 30

An increase of the bears’ momentum may break down the support level of $0.22, which may leads to further price decrease to the $0.16, later it may extend to $0.11 level. In case the bears’ pressure unable to break down the support level of $0.22, bulls may continue to dominate the Stellar market and the price may increase towards the $0.30, $0.42 and $0.50 resistance levels.

Key Levels:

Resistance levels: $0.30, $0.42, $0.50

Support levels: $0.22, $0.16, $0.11

XLM/USD Long-term Trend: Ranging

On the daily chart, Stellar is on the ranging movement. The support level of $0.22 is reached by the bears’ momentum. The sellers’ pressure is becoming weak and the mentioned level could not be penetrated downside. The bulls were trying to increase their momentum, so as to push the coin towards north side but the confluence at $0.30 prevents the increase. The price is currently consolidating within $0.30 and $0.22 levels.

XLMUSD daily chart, July 07

Stellar is trading between the 9 periods EMA and 21 periods EMA with the two EMAs parallel to each other, it indicate a low momentum and low volatility market. An increase of the bears’ momentum may break down the support level of $0.22, which may leads to further price decrease to the $0.16, later it may extend to $0.11 level. In case the bears’ pressure unable to break down the support level of $0.22, bulls may continue to dominate the stellar market and the price may increase towards the $0.30, $0.42 and $0.50 resistance levels. However, the relative strength index period 14 is bending up at 40 levels to indicate buy signal.

XLM/USD Medium-term Trend: Ranging

XLM is on the ranging movement in the 4-hour chart. Further price reduction was opposed at the support level of $0.22 on June 22. The bulls’ momentum is weak and could not push up the price. The price start to consolidate within the $0.30 and $0.22 price levels.

XLMUSD 4 hour chart, July 07

The price is hovering over the 9 periods EMA and the 21 periods EMA as a sign of ranging movement. However, the Relative Strength Index period 14 is at 50 levels pointing up to indicate buy signal.

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XLM/USD (Stellar) Price: Bulls Are Gathering Momentum to Dominate Market

XLM/USD (Stellar) Price: Bulls Are Gathering Momentum to Dominate Market

STELLAR Price Analysis – June 30

Further increase of the bulls’ momentum may break up the resistance level of $0.30, which may leads to further price increase to the $0.42, later it may extend to $0.50 level. In case the bulls’ pressure are unable to break up the resistance level of $0.30, bears may continue to dominate the Stellar market and the price may decrease towards the $0.22, $0.16 and $0.11 support levels.

Key Levels:

Resistance levels: $0.30, $0.42, $0.50

Support levels: $0.22, $0.16, $0.11

XLM/USD Long-term Trend: Bearish
On the daily chart, Stellar is bearish. The bearish momentum has pushed the coin to the support level of $0.22. The sellers’ pressure is becoming weak and the mentioned level could not be penetrated. Last week, the bulls are gradually increasing their momentum to push the coin towards north side. The price has penetrated the fast moving dynamic resistance upside to indicate an increase in the Bulls’ pressure.

XLMUSD daily chart, June 30

Stellar is trading between the 9 periods EMA and 21 periods EMA which indicate an increase of bullish momentum. Further increase of the bulls’ momentum may break up the resistance level of $0.30, which may leads to further price increase to the $0.42, later it may extend to $0.50 level. In case the bulls’ pressure are unable to break up the resistance level of $0.30, bears may continue to dominate the Stellar market and the price may decrease towards the $0.22, $0.16 and $0.11 support levels. However, the relative strength index period 14 is bending up at 40 levels to indicate buy signal.

XLM/USD Medium-term Trend: Bullish

XLM is on the bullish movement in the 4-hour chart. The bearish momentum was rejected at the support level of $0.22 on June 22. A bullish engulfing candle formed triggered the bullish action. The price is increasing towards the resistance level of $0.30. At the moment, it is carrying out a pullback.

XLMUSD 4 hours chart, June 30

The price is trading above the 9 periods EMA and the 21 periods EMA as a sign of bullish movement. However, the Relative Strength Index period 14 is at 50 levels pointing down to indicate sell signal.
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XLM/USD (Stellar) Price Approaches a Potential Bullish Reversal Level

XLM/USD (Stellar) Price Approaches a Potential Bullish Reversal Level

STELLAR Price Analysis – June 23

An increase of the bears’ pressure may break down the support level of $0.22, which may leads to further price decrease to the low of $0.16, later it may extend to $0.11 level. In case the bears’ pressure are unable to break down the support level of $0.22, bulls may take over and the price may increase towards the $0.30, $0.42 and $0.50 resistance levels.

Key Levels:

Resistance levels: $0.30, $0.42, $0.50

Support levels: $0.22, $0.16, $0.11

XLM/USD Long-term Trend: Bearish

Stellar is bearish on the daily chart. The sellers had to double their pressure so that the confluence at the former support level of $0.30 can be penetrated. The support level of $0.30 has been broken downside and the coin testing the support level of $0.22 at the moment. Today, the coin is carrying out a retracement towards the $0.30 resistance level.

XLMUSD Daily chart, June 23

Stellar continues trading below the 9 periods EMA and 21 periods EMA which indicate an increase of bearish momentum. An increase of the bears’ pressure may break down the support level of $0.22, which may leads to further price decrease to the low of $0.16, later it may extend to $0.11 level. In case the bears’ pressure are unable to break down the support level of $0.22, bulls may take over and the price may increase towards the $0.30, $0.42 and $0.50 resistance levels. However, the relative strength index period 14 is bending up at 20 levels to indicate buy signal.

XLM/USD Medium-term Trend: Bullish

XLM is on the bullish movement in the 4-hour chart. Last two weeks, the bears’ momentum and that of the bulls seems to be equal and that is what caused consolidation in the Stellar market. The price reached the support level of $0.22 and the bearish momentum is becoming weak.

XLMUSD 4 hour chart, June 23

The price is crossing over the 9 periods EMA and the 21 periods EMA upside as a sign of bullish movement. The Relative Strength Index period 14 is at 50 levels pointing up to indicate buy signal.

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XLM/USD (Stellar) Price: Bulls are Struggling to Prevail Over Bears

XLM/USD (Stellar) Price: Bulls are Struggling to Prevail Over Bears

STELLAR Price Analysis – June 16

When the price break down the support level of $0.30, by the bears increased momentum, the price may decrease to the low of $0.22, which may extend to $0.16 level. In case the bears’ pressure are unable to break down the support level of $0.30, bulls may take over and the price may increase towards the $0.42, $0.50 and $0.57 resistance level.

Key Levels:

Resistance levels: $0.42, $0.50, $0.57

Support levels: $0.30, $0.22, $0.16

XLM/USD Long-term Trend: Bearish

On the daily chart, Stellar is bearish. The coin has been obeying the command of sellers for more than three weeks. The support level of $0.30 has been tested and slightly pullback. At the moment, it seems the sellers’ momentum is getting weak as the price is consolidating at the $0.30 zone, closer to the dynamic resistance levels.

XLMUSD Daily chart, June 16

Stellar price is trading below the 9 periods EMA and 21 periods EMA which indicate a bearish momentum. When the price break down the support level of $0.30, by the bears increased momentum, the price may decrease to the low of $0.22, which may extend to $0.16 level. In case the bears’ pressure are unable to break down the support level of $0.30, bulls may take over and the price may increase towards the $0.42, $0.50 and $0.57 resistance level. The relative strength index period 14 is bending up at 40 levels to indicate buy signal.

XLM/USD Medium-term Trend: Ranging

XLM is on the ranging movement in the 4-hour chart. The bears’ momentum and that of the bulls seems to be equal and this is what is causing consolidation in the Stellar market. It require a radical fundamental event to increase volatility in the XLM market.

XLMUSD 4 hour chart, June 16

The price is hovering over the 9 periods EMA and the 21 periods EMA as a sign of ranging market. The Relative Strength Index period 14 is at 45 levels pointing up to indicate buy signal.

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XLM/USD (Stellar) Price May Bounce Up at $0.30 Support Level

XLM/USD (Stellar) Price May Bounce Up at $0.30 Support Level

STELLAR Price Analysis – June 09

The price may break down the support level of $0.30, when the bears increase their momentum, and the price may decrease to the low of $0.22, which may extend to $0.16 level. In case the bears are unable to break down the support level of $0.30, bulls may take over and the price increase towards the $0.42, $0.50 and $0.57.

Key Levels:

Resistance levels: $0.42, $0.50, $0.57

Support levels: $0.30, $0.22, $0.16

XLM/USD Long-term Trend: Bearish

Stellar is bearish on the daily chart. The buyers increased their momentum last week and pulled back the price from the support level of $0.30 to $0.42 level. The confluence at the resistance level of $0.42 prevents further price increase. On 04 June, a bearish engulfing candle emerges and the bearish movement was restored. The price is steadily decreasing towards the previous low of $0.30.

XLMUSD daily chart, June 09

Stellar price is decreasing, below the 9 periods EMA and 21 periods EMA which connote an increase in bearish momentum. The price may break down the support level of $0.30, when the bears increase their momentum, and the price may decrease to the low of $0.22, which may extend to $0.16 level. In case the bears are unable to break down the support level of $0.30, bulls may take over and the price increase towards the $0.42, $0.50 and $0.57. The relative strength index period 14 is bending down at 30 levels to indicate sell signal.

XLM/USD Medium-term Trend: Bearish

XLM is on the bearish movement in the 4-hour chart. The bears’ momentum over power the bulls’ momentum in the Stellar market when the price could not break up the resistance level of $0.42. The price is decreasing towards the $0.30 level. Price may continue to decrease to $0.22 provided the bears maintain or increase their pressure.

XLMUSD 4 hour chart, June 09

The price has crossed the 9 periods EMA and the 21 periods EMA downside and it is trading below the two EMAs. The Relative Strength Index period 14 is at 30 levels pointing down to indicate sell signal.

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XLM/USD (Stellar) Price; Buyers Are Gaining Upper Hand

XLM/USD (Stellar) Price; Buyers Are Gaining Upper Hand

STELLAR Price Analysis – June 02

When the bulls increase their momentum, the price will break up the resistance level of $0.50, and the price may increase to the high of $0.57, which may extend to $0.67 level. In case the bulls are unable to break up the resistance level of $0.50, bearish movement may continue towards the $0.42, $0.33 and $0.22.

Key Levels:

Resistance levels: $0.50, $0.57, $0.67

Support levels: $0.42, $0.33, $0.22

XLM/USD Long-term Trend: Bullish

Stellar is bullish on the daily chart. The bulls are gradually taken over the stellar market after many days of bearish trend. Last week, the bears were in control of the market. The bearish momentum pushed the price to test the low of $0.33 before it bounces to test the $0.42 level. The bears’ pressure is getting exhausted and that of the bulls is increasing. There is tendency for the bulls to dominate the market.

XLMUSD daily chart, June 02

 

Stellar price is increasing, penetrating the 9 periods EMA and 21 periods EMA upside which connote an increase in bullish momentum. When the bulls increase their momentum, the price will break up the resistance level of $0.50, and the price may increase to the high of $0.57, which may extend to $0.67 level. In case the bulls are unable to break up the resistance level of $0.50, bearish movement may continue towards the $0.42, $0.33 and $0.22. The relative strength index period 14 is bending up at 45 levels to indicate buy signal.

XLM/USD Medium-term Trend: Bullish

XLM is on the bullish movement in the 4-hour chart. The bearish momentum in the Stellar market is lower compare to that of the bulls. The price is increasing slowly to break up $0.42 levels. Price may continue to increase provided the bulls maintain or increase their pressure.

XLMUSD 4 hour chart, June 02

The price has crossed the 9 periods EMA and the 21 periods EMA upside and it is trading above the two EMAs. The Relative Strength Index period 14 is at 60 levels pointing up to indicate buy signal.

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