XLM/USD remains positive for the third consecutive day. A confluence of 21-day SMA, one-month-old resistance line challenges the bulls. Strong RSI, receding bearish bias of MACD highlight 50-day SMA as crucial support. XLM/USD takes the bids around $0.4190 as crypto traders clean their screens for Tuesday’s move. Even so, the Stellar Lumens (XLM/USD) stays below the strong hurdle to the north comprising 21-day SMA and a falling trend line from February 13. It should, however, be noted that the quote’s sustained trading above 50-day SMA joins upbeat RSI and receding bearish signals from the MACD to keep XLM bulls hopeful. As a result, a clear break of the $0.4370 should serve as a trigger for the quote’s 40% rally towards the yearly top above $0.6100. During the rise, the late-February high near $0.4800 and the $0.5000 may serve as intermediate halts. Alternatively, a downside break of 50-day SMA, at 0.3870 now, can trigger a fresh south-run targeting the February 23 low of $0.3071 ahead of challenging the previous month’s bottom close to 0.2910. Overall, XLM/USD is primed for further upside but the bulls seem to wait for confirmation. XLM/USD daily chart Trend: Bullish 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 Japan’s final GDP Q4: 2.8% vs 5.3% prior FX Street 1 year XLM/USD remains positive for the third consecutive day. A confluence of 21-day SMA, one-month-old resistance line challenges the bulls. Strong RSI, receding bearish bias of MACD highlight 50-day SMA as crucial support. XLM/USD takes the bids around $0.4190 as crypto traders clean their screens for Tuesday's move. Even so, the Stellar Lumens (XLM/USD) stays below the strong hurdle to the north comprising 21-day SMA and a falling trend line from February 13. It should, however, be noted that the quote's sustained trading above 50-day SMA joins upbeat RSI and receding bearish signals from the MACD to keep XLM bulls hopeful.… 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.