Prezz Stellar (XLM/USD) Jistenna Bidu ta' Xejra Bullish

Azeez Mustapha

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Analiżi tal-Prezz STELLAR - 25 ta ’Mejju

In case the daily candle closes below the $0.11 level by the bears’ pressure, then, Stellar price may decline to $0.09 levels and may extend to $0.08. In case the buyers defend the support level of $0.11, price may increase towards the resistance levels of $0.16, $0.20, and $0.23.

Suq XLM / USD

Livelli Ewlenin:

Livelli ta 'reżistenza: $ 0.16, $ 0.20, $ 0.23

Livelli ta 'appoġġ: $ 0.11, $ 0.09, $ 0.08

XLM / USD Xejra fit-Tul: Li tvarja

Stellar is on the ranging movement on the daily chart.  There was no significant movement in the Stellar market last week. When the buyers lost momentum last two weeks at the resistance level of $0.23. Sellers dominate the market with the formation of strong daily bearish candles which penetrate former support levels of $0.20 and $0.16. The price declines and reached the support levels of $0.11. It starts a ranging movement around the just mentioned support level till the moment of writing this report.

Stellar is trading below the 9 periods EMA and 21 periods EMA at close contact. In case the daily candle closes below the $0.11 level by the bears’ pressure, then, Stellar price may decline to $0.09 levels and may extend to $0.08. In case the buyers defend the support level of $0.11, price may increase towards the resistance levels of $0.16, $0.20, and $0.23.

XLM / USD Tendenza fuq medda medja ta 'żmien: Li tvarja

Stellar is on the ranging movement in the 4-hour chart. The crypto continues on the ranging movement on the 4-hour chart. The bulls are yet to gather enough momentum that will drive the price towards North side. The same way, Sellers’ pressure is low and the support level of $0.11 holds the price.

Stellar is hovering around the 9 periods EMA and 21 periods EMA as a sign of ranging market. The Relative Strength Index periods 14 is at 47 levels and the signal line displaying bearish direction.

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Azeez Mustapha

Azeez Mustapha huwa professjonist tal-kummerċ, analista tal-munita, strateġista tas-sinjali, u maniġer tal-fondi b'aktar minn għaxar snin ta 'esperjenza fil-qasam finanzjarju. Bħala blogger u awtur tal-finanzi, huwa jgħin lill-investituri jifhmu kunċetti finanzjarji kumplessi, itejbu l-ħiliet ta ’investiment tagħhom, u jitgħallmu kif jamministraw flushom.

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