TL;DR Breakdown Stellar price analysis reveals, price levels are slowly moving towards the bullish direction.The price has seen improvement till $0.35 today.Bulls to reach further heights if support continues to be $0.34. The charts showing Stellar price analysis is going bullish today while facing certain resistance from the bears as well. The momentum is great as the price has successfully surpassed the $0.35 hurdle in the last few days. Although, the past few hours have been critical as the bearish momentum has been very strong, today the bulls are trying hard to lift the price level as per Stellar price analysis. XLM/USD 1-day price chart: Bulls making sluggish recovery, onto climbing past $0.353 The 1-day price chart showing cryptocurrency values has seen a slight recovery above the $0.35 resistance today. In the last few days, bearish momentum has caused a huge impact on the price value, as the momentum has been very intense. Today, the price levels are recovering to their former height at a slow pace, and there are some chances that they will reach the moving average (MA) level at $0.36. XLM/USD 1-day price chart. Source: TradingView The volatility is slowly decreasing which is encouraging for cryptocurrency, while the Bollinger band average has reached $0.35 of level. The Bollinger bands are also showing the values of the upper band and lower band which are $0.41 and $0.28, respectively. The Relative Strength Index (R...
