STELLAR (XLM) Daily Price Forecast – February 1

2019-2-2 22:12

 

XLM/USD Medium-term Trend: Bullish

Supply zone: $0.2000, $0.2500, $0.3000
Demand zone: $0.0800, $0.0600, $0.0400

XLM continues in a bullish trend in its medium-term outlook. The large bearish marubozu candle at $0.08986 confirmed the bears' takeover of the market. XLM USD initially dropped $0.08344 and later to $0.08016 in the demand area as the market opens today.

The cryptocurrency got to a key demand area at $0.08000. The bulls are back in control of the market as confirmed by the bullish marubozu candle at $0.08157. XLMUSD rose to $0.08525 in the supply area.

The journey up north is on course as the bulls exert more pressure on price. The stochastic oscillator in the oversold region at 10% and its signals points up in the medium-term.

XLM/USD Short-term Trend: Bearish

The cryptocurrency is in a bearish trend in its short-term outlook. The 610 fib area, a trend reversal zone saw the bears returned. The coin fell to $0.082288 in the demand area.

Price is within the 23.6 a trend continuation zone hence the bears may continue to push the cryptocurrency down south in the short-term with a possible retest of $0.08041 in the demand area.

 

 

 

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

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Stellar (XLM) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.1016
Капитализация $0 Rank 99999
Цена в час новости $ 0.0825571 (-100%)

xlm bullish zone market demand trend medium-term

Источник: bitcoinexchangeguide.com

xlm bullish → Результатов: 52


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