Cryptopolitan
2021-09-11 21:00:27

Stellar price analysis: Bulls prepare to surmount $0.33 barrier

TL;DR Breakdown The latest Stellar price analysis chart shows an increase in price.Price on its way to recovery above $0.33.Strong support is available at $0.315. The Stellar price analysis is indicating that the XMR/USD value is on the rise again. The recovery has been considerable as the price has improved up to $0.33 today. The short-term trending line is moving upwards, as the past few hours have seen several successful attempts from the bulls. The past week had undergone a major loss as well, after which the bulls took charge once again to make up for the losses. XLM/USD 1-day price chart: High hopes for XLM as bulls retrieve $0.33 position again The 1-day XLM/USD analysis is indicating that a rise in the price has taken place today which has increased its value up to $0.33. This has been unexpected as the past few days have been extremely crucial for the XMR price value. Today the price has undergone significant recovery as the bulls are regaining strength. The 1-day price chart is showing the moving average (MA) value at $0.36 and the Bollinger bands average at $0.36. XLM/USD 1-day price chart. Source: TradingView The SMA 20 curve is rising high as well as there has been an increase in the price today. Meanwhile, the Bollinger bands are showing the exact values; the upper band is at the $0.403 value while the lower band is at the $0.302 value. The Relative Strength Index (RSI) score has improved as well as it is now o...

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