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.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Stellar (XLM) на Currencies.ru

$ 0.0955992 (-0.12%)
Объем 24H $44.077m
Изменеия 24h: -0.98 %, 7d: -0.02 %
Cегодня L: $0.0953681 - H: $0.096631
Капитализация $2.83b Rank 36
Цена в час новости $ 0.0825571 (15.8%)

xlm bullish zone market demand trend medium-term

Источник: bitcoinexchangeguide.com

xlm bullish → Результатов: 52


дальше еще 3 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Stellar (XLM) Price Could Crash 50% If This Happen

The Stellar (XLM) price readings from long- and short-term time frames are in alignment and indicate that another final drop is expected prior to a bullish trend reversal. The post Stellar (XLM) Price Could Crash 50% If This Happen appeared first on BeInCrypto.

Why CHZ, RVN, LDO, XLM And ATOM Are Dropping Like Flies

Be[in]Crypto takes a look at the five cryptocurrencies that dumped the most last week, more specifically, from Sept. 23 to Sept. 30. The post Why CHZ, RVN, LDO, XLM And ATOM Are Dropping Like Flies appeared first on BeInCrypto.

MoneyGram Partners With Circle And Stellar to Launch Cash In And Cash Out Links to USDC

Cross-border payments giant MoneyGram is now working with the Stellar network for instant money transfers using the USDC stablecoin. The companies announced on Monday that they would start the pilot in the fourth quarter of this year, and a gradual rollout of enabling USDC fiat on and off-ramp across MoneyGram’s retail platform will happen early […] The post MoneyGram Partners With Circle And Stellar to Launch Cash In And Cash Out Links to USDC first appeared on BitcoinExchangeGuide.