Stellar (XLM) Price Analysis: Trends of August 23–29, 2018

2018-8-23 12:16

Key Highlights: There is a consolidation pattern; we may expect the price to break out towards Northside, which may happen anytime; trader are advised to expect a clear signal to enter the market. XLM/USD Long-term Trend: Bearish

Resistance levels: $0.24, $0.30, $0.36
Support levels: $0.19, $0.17, $0.15Stellar continual bearish movements broke the resistance level of $0.25. It reached the support level of $0.19 last week. The coin pulled back to retest the former resistance level of $0.25 on the daily chart. The cryptocurrency made some faint bullish effort that was often followed by consolidation in the market and that led to the formation of “falling wedge” pattern. In the near future, we may expect price break out from the wedge that will lead to increases in the rates to the resistance level at $0.24.

On the daily chart, MACD indicator is at the zero level with its signal lines twisted to each other, which indicates that the price is consolidating within a range. This does not rule out a possibility of a surge in price towards the resistance level at 0.24.

XLM/USD Price Medium-term Trend: Bearish

The XLM/USD price bounced from the support level of $0.19 and the bulls pushed it to the resistance level of $0.25, after which strong bearish candles were formed on 4H chart, which means that bears want to take control. That does not mean that the price cannot bounce above the level at $0.24

.There is a need for price to go above the resistance levels at $0.24 and $0.30 for a bullish bias to form. The support levels at 0.19 and 0.170 stand to be tested, and that may require a strong bearish effort. Traders are advised to expect a clear signal to enter the market.

The post Stellar (XLM) Price Analysis: Trends of August 23–29, 2018 appeared first on CoinSpeaker.

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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 $ 0.2162 (-100%)

stellar 2018 xlm price analysis august trends

stellar 2018 → Результатов: 53


Bitcoin, Ethereum, Stellar, Ripple in Consideration for New Zero-Fee Trading Platform Voyager

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2018-7-27 17:00


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TransferTo Ink Partnership Deal with Stellar.org Blockchain Project to Facilitate Cross-border Payments

In a bid to make sending cross-border payments more straightforward and cost-efficient for clients, TransferTo, a platform that facilitates international mobile payments for emerging markets, has joined forces with Stellar blockchain project – the solid foundation behind the stellar lumens (XLM) altcoin, according to a statement released on July 25, 2018.

2018-7-26 14:00


Биржа Huobi добавила поддержку криптовалюты Stellar

Третья по объемам торгов криптобиржа Huobi объявила о начале приема депозитов в криптовалюте Stellar. Торговля парами XLM/BTC и XLM/ETH начнется 26 июля (13:00 мск). Вывод токенов XLM станет доступен 28 июля.

2018-7-26 11:01


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Market Leaders Call For Bitcoin To Move Higher, Including Staunch Bitcoin Bear

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2018-7-19 22:17


Блокчейн Stellar получил сертификат соответствия законам шариата

Stellar Foundation добилась сертификации блокчейна Stellar организацией Shariyah Review Bureau (SRB). Утверждается, что это первый случай получения сертификата соответствия законам шариата криптовалютным протоколом для денежных переводов.

2018-7-18 09:57


Биржа KuCoin объявила о листинге Stellar (XLM)

Китайская криптовалютная биржа KuCoin объявила о добавлении токенов Stellar (XLM). Stellar (XLM) is now on KuCoin, you can deposit now. Trading pairs include XLM/BTC and XLM/ETH. Withdrawal opens July 18, 2018 at 22:00 (UTC+8), buying starts July 16, 2018 at 21:30 (UTC+8), and selling starts July 16, 2018 at 22:00 (UTC+8).

2018-7-16 16:13


Команда Stellar анонсировала запуск торговой платформы StellarX

Сегодня в Twitter команда Stellar объявила о запуске в ближайшее время новой торговой платформы StellarX. Announcing StellarX! A user-friendly and totally free place to trade on @StellarOrg's universal marketplace.

2018-7-6 15:45


Торговые идеи по криптовалютам на 29 июня 2018 — BTC, ETH, EOS, ZEC, XMR

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2018-6-29 16:24


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Обзор событий на рынках криптовалют за 16.01.2018

Серьезная коррекция на криптовалютном рынке. Исключением являются: NEO и Monero, все 20 топ криптовалют подешевели. Криптовалюты, которые потеряли вес более чем на 10 процентов: Ripple, Cardano, Bitcoin Cash, Stellar, EOS, Dash, Tron, Bitcoin Gold и Ethereum Classic.

2018-6-22 15:10


To TRX Coin Holders: “Mainnet Launches Often Clip Price”: Tron, IOTA, Stellar Lumens, Litecoin and EOS Technical Analysis (June 20, 2018)

Over all, yesterday was a pretty good day for alt coins. Fact is we saw higher highs in most coins under our radar and spearheading this recovery was Tron. At some point, Tron was up 20 percent and this comes some five days before Tron’s mainnet launch which like others often come with dip in.

2018-6-20 03:02


If Bitcoin isn’t a Security According to SEC, Which Coins are? : IOTA, EOS, Stellar Lumens, Litecoin and Tron Technical Analysis (June 16, 2018)

Overly, sellers did spring back to action and completely reversing June 14 gains in some coins as IOTA. However, in the midst of all sells, Stellar Lumens is resilient losing three percent. On the other hand, IOTA reversed 100 percent of their 24 hours gains with lows testing minor support at $1.

2018-6-16 03:02


Торговые идеи по криптовалютам на 14 июня 2018 — BTC, ETH, EOS, ZEC, XMR

С начала торгового дня динамика криптовалют смешанная. Наблюдается приостановка падения, кое-где умеренное восстановление. Так, например, Cardano уже в плюсе на 3%. EOS, Stellar Lumens, IOTA в плюсе около 0,3%.

2018-6-14 11:12