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Cryptopolitan 2021-09-01 03:25:14

Stellar price analysis: XLM/USD goes further down the hill below $0.336

TL;DR Breakdown Stellar price analysis reveals further downfall in price.XLM/USD price has decreased to $0.336Support present at $0.334 soon to collapse.XLM/USD lost 1.53 percent value in last 24 hours. Stellar price analysis shows a continuous bearish momentum in place. XLM/USD has lost a value of 10.63 percent over the last week. Bears are in the lead over the previous three days and taking the price down after the last bearish crossover. Today there has been no activity from the bullish side, and bears are ruling fearlessly. XLM/USD 1-day price chart: Bearish tide plunges price below $0.336 The 1-day Stellar price analysis chart shows that the trend is entirely bearish as more and more investors are selling their assets to prevent any further losses, and as a result, the price has lowered to $0.336. The cryptocurrency value has seen a decrease of 1.53 percent in the last 24 hours as there have been no signs of any bullish momentum to buildup, so that the price may go down further. The only supportive factor can be the decreasing volatility, but it has not been significant yet. XALM/USD 1-day price chart. Source: Tradingview The moving average (MA) is standing at a value of $ 0.353, just above the price. The Bollinger bands values are $0.397 for the upper band and $0.319 for the lower band. The Bollinger bands average is $0.358, which is also above the price value of $0.336, further strengthening the bearish momentum. The r...

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