Cryptopolitan
2021-09-15 03:02:39

Stellar price analysis: XLM/USD continues to hover around $0.3186

TL;DR Breakdown Stellar Price Analysis shows that the market is quite stable today.XLM/USD has marked a slight increase from $0.3165 to $0.3251 in 24 hours.A further downslide in the price is not expected for now.This could be a good time for any short-term investments as the bulls can take over any moment. Stellar Price Analysis for today indicates that the bulls have taken over after yesterday’s fall from $0.336 to $0.3186. The last 6 days have been quite underwhelming as the coin has struggled to retrace the major loss from the 7th of September. Cryptocurrency heat map by Coin360 In the larger picture, the crypto market has remained in the green as shown in the heat map above. Bitcoin’s price rose by 4.15 percent while Ethereum marked a 3.44 percent increase. However, few altcoins such as ADA, SOL, and AVAX marked a decrease in the price. Stellar Price Chart by TradingView The 1-Day graph Stellar Price Analysis further gives us insights into what to expect in the next few hours. As we can see, the RSI curve is just slightly beyond the 45 levels. Hence, the market is balanced for now. Though, the curve can be seen projecting upwards. This slight projection could slightly shift the market more towards the overbought side, hence causing a slight increase in the prices. However, retracing to a high of $0.4244 which was observed on the 7th of September seems unlikely today. 24 hours Stellar price analysis: XLM/USD bulls indec...

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer