XLM/USD (Stellar) Price: Bears Prevail Over Bulls at Support Level of $0.11  

Service for copy trading. Our Algo automatically opens and closes trades.

The L2T Algo provides highly profitable signals with minimal risk.

24/7 cryptocurrency trading. While you sleep, we trade.

10 minute setup with substantial advantages. The manual is provided with the purchase.

79% Success rate. Our outcomes will excite you.

Up to 70 trades per month. There are more than 5 pairs available.

Monthly subscriptions begin at £58.

L2T Algo

TELEGRAM

RESULTS

STELLAR Price Analysis – May 11

When the price break down the support level of $0.11, by the bears increased momentum, the price may decrease to the low of $0.09, which may extend to $0.07 level. In case the bears’ pressure are unable to break down the support level of $0.11, bulls may take over and the price may increase towards the $0.16, $0.20 and $0.23 resistance level

Key Levels:

Resistance levels: $0.16, $0.20, $0.23

Support levels: $0.11, $0.09, $0.07

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 $0.16 has been tested and slightly pullback. At the moment, it seems the sellers’ momentum is increasing as the price is breaking down the support level of $0.16 and it is heading towards the $0.11 support level.

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 $0.11, by the bears increased momentum, the price may decrease to the low of $0.09, which may extend to $0.07 level. In case the bears’ pressure are unable to break down the support level of $0.11, bulls may take over and the price may increase towards the $0.16, $0.20 and $0.23 resistance level. The relative strength index period 14 is bending up at 32 levels to indicate buy signal.

XLM/USD Medium-term Trend: Bearish

XLM is on the bearish movement in the 4-hour chart. The bears’ momentum is increasing steadily and the support level of $0.16 has been penetrated downside. The price is currently targeting the support level of $0.11.

The price is trading below the 9 periods EMA and the 21 periods EMA as a sign of bearish market. The Relative Strength Index period 14 is at 32 levels pointing down to indicate sell signal.

You can purchase Lucky Block here.  Buy LBlock: