Home Stellar Technical Analysis: XLM/USD aims for the $1 psychological level
Crypto News

Stellar Technical Analysis: XLM/USD aims for the $1 psychological level

FX Street
Published date:
  • XLM/USD retained control for the third straight day.
  • The MACD shows sustained bullish momentum.

XLM/USD daily chart

XLM/USD daily chart

XLM/USD retained control for the third straight day as the price went up from $0.0938 to $0.0972. The bulls aim for the $1 psychological level. The is comfortably trending in the upper half of the 20-day Bollinger Band. The MACD shows sustained bullish momentum. The RSI is trending along the edge of the overbought zone, which shows that the price is currently overvalued and should face bearish correction soon. XLM/USD has strong support at $0.0938 and $0.0896.

FX Street

FX Street

FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions.

WARNING: The content on this site should not be considered investment advice and we are not authorised to provide investment advice. Nothing on this website is an endorsement or recommendation of a particular trading strategy or investment decision.  The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Your investment may not qualify for investor protection in your country or state of residence, so please conduct your own due diligence or obtain advice where necessary. Crypto promotions on this site do not comply with the UK Financial Promotions Regime and is not intended for UK consumers. This website is free for you to use but we may receive a commission from the companies we feature on this site.

© forexcrunch.com All Rights Reserved 2017 – 2026