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Cryptopolitan 2021-08-18 02:42:21

Stellar price analysis: XLM receives massive shock as price levels sink to $0.34

TL;DR Breakdown The latest Stellar price analysis shows a major change in market trends.After a tremendous rise, price shockingly goes down to $0.34.Buyers still retain an upper hand over the market, as support continues to be $0.32. Stellar price analysis is indicating a noticeable shift in the market trends, today. The price value, after reaching a new height, stooped to a new low at $0.34 as per the Stellar price analysis. The weekly analysis, however, has seen bulls taking the lead and taking the coin value to $0.34. It can further be predicted that the price levels will go higher as the trend line is supporting Stellar price. Stellar price analysis: 1-day XLM/USD chart promises retrace towards $0.34 The one-day Stellar price analysis observed a sudden drop in price, against the ongoing bullish wave. Cryptocurrency overcame the sudden pressure from the bears, and the price levels have improved to $0.38 today. It is expected they will achieve a new high above the resistance level if they continue to jump higher. The moving average (MA) is showing us the average value as calculated during the month, i.e. $0.35. The past week has helped the price climb up, this resulted in an unusually high Relative Strength Index (RSI) score of 69.70 as well. XLM/USD 1-day price chart. Source: TradingView As the past week has experienced a sharp bullish trend, the volatility is also moving towards the bullish side and constantly increasing....

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