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Stellar Lumen (XLM) Price Aiming More Upsides Above $0.085

From livebitcoinnews.com

After forming a support base above $0.0720, stellar lumen price started a strong rise against the US Dollar. The XLM/USD pair broke the key $0.0750 and $0.0755 resistance levels to move into a positive zone. During the rise, there was a break above the key contracting triangle with resistance near $0.0760 on the 4-hours chart. The upward move was such that the price even gained pace above the $0.0800 level and the 55 simple moving average (4-hours). A high was formed near $0.0837 before the price started a downside correction. There was a break below the $0.0820 support level. The price even traded below the 23.6% ... (full story)

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  • Category: Technical Analysis