Stellar Lumens (XLM) gains over 2% on a week-on-week basis. The bulls may have a hard time pushing the price higher. Stellar Lumens (XLM), now the 9th largest coin with a market value of nearly $2B, has grown over 5% since this time on Tuesday and gained over 22% on a week-on-week basis. The coin has been one of the best performing cryptocurrencies lately, though it is still down 5% since the beginning of the year. Stellar’s technical picture XLM/USD is changing hands at $0.1029 with a downside bias. On the intraday basis, the price is supported by SMA50 (1-hour) currently at $0.1012, followed by a psychological barrier $0.10 strengthened by DMA100. A sustainable move lower will unleash the bearish potential and bring $0.0972 (SMA100 1-hour) and $0.0956 (Tuesday’s low) into focus. A stronger support area is created by SMA50 (4-hour) at $0.0911 and psychological $0.09. A downward-looking RSI on the 4-hour chart implies that more sell-off may be in store. On the upside, we need to see a move above $0.1070 (Tuesday’s high) to proceed to the next barrier created by March 11 high ($0.1096) and $0.11. Once this area is cleared, the upside may be extended towards $0.12 and $0.1285 (the highest level since January 10). XLM/USD, daily chart 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. View All Post By FX Street Crypto News share Read Next China data dump to show investment recovery continuing in 2019 – Bloomberg Survey FX Street 4 years Stellar Lumens (XLM) gains over 2% on a week-on-week basis. The bulls may have a hard time pushing the price higher. Stellar Lumens (XLM), now the 9th largest coin with a market value of nearly $2B, has grown over 5% since this time on Tuesday and gained over 22% on a week-on-week basis. The coin has been one of the best performing cryptocurrencies lately, though it is still down 5% since the beginning of the year. Stellar's technical picture XLM/USD is changing hands at $0.1029 with a downside bias. On the intraday basis, the price is supported by SMA50 (1-hour)… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
