View full page at cryptocraft.com

 

Stellar Lumen (XLM) Price Gaining Bullish Momentum, Bulls Aim $0.12

From livebitcoinnews.com

In the past few days, stellar lumen price gained pace above the $0.0880 and $0.0900 against the US Dollar. The XLM/USD pair even surged above the $0.1000 resistance and settled well above the 55 simple moving average (4-hours). Finally, there was a break above $0.1100 before the price faced hurdles near $0.1150. There was a downside correction below the $0.1050 level, but the bulls were able to protect the $0.1000 level. A swing low was formed near $0.0965 and the price is currently rising. The recent swing high was near $0.1098. An initial support is forming near the $0.1030 level since it is close to the 50% ... (full story)

Story Stats

  • Posted:
  • Category: Technical Analysis