Tag: XLM

BTC, ETH, and XLM Price Analysis: Crypto Market Exhibiting Strong Selling Pressure

Bitcoin Price Analysis (BTC/USD) On today’s intraday chart, the price of the top-performing cryptocurrency has declined, thus recording a bearish momentum below $8500 support level.  BTC/USD pair has, therefore, dive dipper below $8300, after exhibiting a sharp breakout that dipped the price to an intraday low of $8010.70. The downside move was followed by a short-term consolidation phase above $8128 thus defining the current price at $8138.48, which dropped from …
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Stellar (XLM) Keeps Declining

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On November 19th, the XLM keeps decreasing in price, generally trading at $0.0657. On D1, the XLM/USD quotations have broken out the resistance line of the long-term channel. The breakout was quite confident but now the prices are forming an impulse of decline to the local support near $0.0626. A breakout of this level may let the quotations fall to $0.0440. The resistance …
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Stellar (XLM) Price Grew in Response to Company’s Actions

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, November 5th, the XLM keeps growing, trading at $0.0811. Looking at the XLM tech analysis data, in the long run, we will see the cryptocurrency still on its peak. However, on H4 there is an uptrend developing after a convergence on the MACD. For now, this growth should be understood as a correction in a descending phase. The aim of the …
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Bitcoin Cash (BCH), Stellar (XLM) and Litecoin (LTC) Cryptocurrency Price Analysis and Prediction

Cryptocurrency markets are resembling the stock market these days. Trading sideways all through last week and this weekend. Let’s take a look at Bitcoin Cash, Stellar and LTC and see if their charts tell us what’s to come ahead. Bitcoin Cash Price Analysis (BCH/USD) The fifth-ranked cryptocurrency has today faced a mixed reaction that formed a sideways trend.  Besides, the pair’s price volatility was very low that stood the current …
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