Stellar price analysis: XLM/USD receives monumental push towards $0.36

TL;DR Breakdown Support levels have reached $0.31, Stellar price analysis confirms.XLM/USD charts have observed commendable improvement in price.Price has jumped suddenly to $0.36 of value. The Stellar price analysis is showing progressive movement, as the price levels have regained momentum reaching the $0.355 level. The past week experienced a considerable amount of decline in the coin value, taking it below $0.34. Yet, the latest updates show appreciable results as the bullish momentum is intensifying each hour. XLM/USD 1-day price chart: bullish momentum bounces back after descend The 1-day candlestick chart is depicting a considerable rise in price, today. Two days back, the trend has been quite the opposite as red candlesticks were dominating the charts, bringing the value down further. Yet, today’s momentum has been huge and may touch the Moving Average (MA) value i.e. $0.36 in the upcoming days. Other values visible from the chart are the Bollinger bands average, which is standing at $0.32, at the time of writing. XLM/USD 1-day price chart. Source: TradingView As the bulls are taking on the lead, the Relative Strength Index (RSI) score is also showing progress and has increased up to 60.71. Meanwhile, the volatility is going in the favor of the bulls, with the upper Bollinger showing $0.4 and the lower Bollinger showing $0.24 values respectively. Stellar price analysis: Bulls get an aggressive win at $0.36, afte...