XLM/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) was also in the green in today’s session, after two consecutive days of price declines.
XLM/USD peaked at 0.1154 earlier in the day, which comes less than 24 hours after falling to a low of 0.1122.
As a result of the decline, bulls continued to push the token away from a recent floor at 0.1100, and back on course toward resistance at 0.1320.
Today’s rebound was helped by the RSI reaching a floor of its own at 37.00, and it is now tracking at 39.87.
A ceiling at 44.00 now awaits bulls and could be the main hurdle preventing further gains this weekend.
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XLMUSDT trade ideas
xlmusdt-mentoringxlm-in terms of crypto quite a long living asset
was born after one of creators left xrp/ripple
this fact points that xlm more scm-border unnecessary project that servs funding
who knows who.
but its defenatly tradebale
and on weekly its looks kinda bottoming. but i have strange filling that this level of 11228 wount hold. if holds can be nice upswing to atleast 19564
look for long if close above 11546
look for short if close under 11228
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Tolerance will reach such a level that intelligent people will be banned from thinking so as not to offend the imbeciles- F.M.dostoyevsky
XLM/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- On the other side of the spectrum was stellar (XLM), which dropped by over 8% in today’s session.
XLM/USD bottomed out at 0.1195 on Wednesday, less than 24 hours after residing at a high of 0.1318.
This drop in price saw the token fall for a third consecutive day, falling below a floor of 0.1200 in the process.
It appears that today’s sell-off coincided with the RSI failing to remain above a point of support at 49.00.
Price strength is now tracking at 44.53, with the next visible zone of stability around the 37.00 region.
In the event that this level is reached, XLM will likely be trading under 0.1100.
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XLMUSDTThis is a 1D frame analysis for XLMUSDT As we can see, we can observe a double bottom pattern which after the failure and the uptrend is currently heading towards a support line and after the slow patterns we can take from the market in a stepped manner for higher numbers. Keep in mind that there is a possibility that the price may start a movement from the first support line to the second support line after the drop, so keep an eye on both zones.
XLM - Be Patient With the Correction
The correction on the daily chart has played out in line with my primary wave count.
Even though I believe we are on the final stages of this correction, the lack of RSI divergence and sideways price action still points to another leg down before any significant upside.
XLM/USDT Potential Bullish MovementHey traders👋
XLM coin is another one we will be talking about today where we see a further bullish movement to continue here! We are that price has been on a nice small bullish trend here where price is pushing and pushing slowly to reach that upper resistance zone. We want to see price to reach that resistance zone before we will look for a potential short position!
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XLM UpdateIt is expecting to do a retest at these levels in small time frames and it is holding its price levels.
The yellow area will be the main support for the price for now and there is a minor trend that must be considered until it builds up
Expect high volatility during these days with the upcoming news from the US FED this week
XLM is Bullish if ...Bullish if it stays above the white line.. if not and closes below it for 1d, then wait for it in the demand area and look for long
Keep in mind it has to stay above the vol bottom in order to keep the momentum up!
It has multiple bullish indicators and patterns.
All the best insha Allah!
XLM: Pullback in UptrendStellar (XLM) technical analysis:
Trade setup : Following a breakout from a Falling Wedge pattern, price spiked up to $0.19 where it got very overbought (RSI > 75) and traders took profits (selling pressure). Now it’s pulled back to support of $0.12, which could be a swing entry level. Fibonacci retracement levels are $0.12 (78.6%) and $0.13 (61.80%).
Trend : Neutral on Medium-Term basis and Uptrend on Short- and Long-Term basis.
Momentum is Bullish (MACD Line is above MACD Signal Line and RSI is above 55).
Support and Resistance : Nearest Support Zone is $0.12, then $0.10. The nearest Resistance Zone is $0.13, then $0.19.
XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) rose to a three-day high today, as bulls continued to target a key price ceiling.
XLM/USD hit a high of 0.1271 earlier in the day, less than 24 hours after trading at 0.122.
The move comes as the 10-day (red) moving average approaches an upward crossover with its 25-day (blue) counterpart.
This is the closest that stellar traders have come to taking the price over a resistance zone of 0.1300 since Tuesday.
Today’s surge came as the 14-day RSI broke free of a ceiling at 49.00, moving to a current level of 51.08.
earlier gains have marginally eased, with XLM now trading at $0.1253.
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XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) also hovered in the green, as the price remained near a resistance level of 0.1300.
XLM/USD rose to a peak of 0.1243 earlier in the day, which comes following a low of 0.1178 the day prior.
The move comes as the 10-day (red) moving average approaches an upward crossover with its 25-day (blue) counterpart.
the RSI is on the cusp of breaking out of a key resistance level of 50.00, which has been held for close to a month.
Bulls will potentially aim to penetrate this point in the coming days, taking the price near a ceiling of $0.1400.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
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XLM/USDT 1DAY UPDATE BY CRYPTO SANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- XLM was one of the biggest movers, as the cryptocurrency rose by as much as 7% in today’s session.
After trading at a low of 0.1147 on Sunday, XLM/USD moved to an intraday peak of 0.126 earlier in the day.
This surge sees a stellar climb higher for a second consecutive day, following a rebound from a floor of 0.110.
Earlier gains have already begun to ease, which comes due to the relative strength index (RSI) colliding with a ceiling of 49.00.
the index is now tracking at 49.48, with the next point of resistance around 54.00.
Overall, bulls seem to have set their sights on the 0.135 level.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you