Stellar Price Analysis (XLM/USD)
On an intraday chart, stellar has recorded a strong selling pressure that has led to a dip in the volatility level. XLM/USD pair began the sell-off yesterday trading at $0.0717 that was followed by a steep fall that fluctuated the price down to closed at $0.0680 where it later tested the support level near $0.0682.
The bulls tried and recovered some momentum afterward and exhibiting a cumulated hike up to a high of $0.0725 that tested the significant resistance level at $0.0719. However, sellers rejected the price suggested by the buyers and dropped the price where it closed at $0.0708. A steady flow was later seen that rallied to the current price at $0.0697.
Additionally,the intertwined moving averages confirmed a sideways trend. The RSI indicator has currently flattened that signals equality and indecisive is the market.
Stellar Price Prediction (XLM/USD)
At the press time, the 7 day MA has crossed above the 21 day MA that signals a bullish outlook. A break above $0.07200 is most…
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Source: https://themerkle.com/stellar-eos-and-litecoin-price-prediction-and-analysis-for-august-26th-xlm-eos-and-ltc/
