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...

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