XLM/USD has recovered from the drop to $0.059 on June 27, currently trading at $0.066. Stellar remains in a daily downtrend and is facing the daily 12-EMA resistance level established at $0.0674 Stellar had a bigger crash than most cryptos dropping to $0.059, a price not seen since April 23. Bulls have managed to buy the dip and recover but the daily downtrend remains and overall sentiment has turned negative. XLM/USD daily chart Buyers are facing a lot of resistance towards $0.0725 starting with the daily 12-EMA at $0.0674 followed by the 26-EMA at $0.0694 and $0.07 psychological level. For now, anything below that high is simply a lower high and a continuation of the daily downtrend. Bulls need to hold $0.059 if they want to change the trend. XLM/USD 4-hour chart Things look better here with a confirmed uptrend and a close above the 26-EMA. Both EMAs are really close to a bull cross, the first since June 22. Bulls can use both EMAs as support levels and $0.064. 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 EUR/USD jumps to fresh daily highs above 1.1250 as the US dollar tumbles FX Street 2 years XLM/USD has recovered from the drop to $0.059 on June 27, currently trading at $0.066. Stellar remains in a daily downtrend and is facing the daily 12-EMA resistance level established at $0.0674 Stellar had a bigger crash than most cryptos dropping to $0.059, a price not seen since April 23. Bulls have managed to buy the dip and recover but the daily downtrend remains and overall sentiment has turned negative. XLM/USD daily chart Buyers are facing a lot of resistance towards $0.0725 starting with the daily 12-EMA at $0.0674 followed by the 26-EMA at $0.0694 and $0.07 psychological level. For… 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.
