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thomasfullerofficial
Oct 27, 2021 6:13 AM

XLM Daily Price Chart 

Stellar / US DollarBinance

Description

The daily chart shows the XLM price is above the 50 DMA at $0.34 and the 100 at $0.33. However, Stellar is glued to the longer-term 200-day average at $0.36. Furthermore, the Relative Strength Index (RSI) is rolling over which suggests bearish momentum is growing. Taking that into consideration, it’s likely that XLM will lose the support of the 200 DMA and slide to the concise averages below. As long as the price holds above the 100-day it’s in with a chance of recovery. However, below $0.327 a trip to $0.255 looks probable. On the other hand, a bullish scenario emerges if the price clears the September high at $0.439. In that event, a run to $0.500 is likely. For now, it’s unclear which scenario will play out. On that basis, I maintain a neutral stance until the technicals provide a clear sign.
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Comments
artisticToucan76268
XLM realy realy realy shit Coin in 2021!
KEEPITKAUAIIT
@artisticToucan76268 😂😂😂yesssiir
VajraV
@artisticToucan76268, happy to take those off your hands
Hopefull-one
@artisticToucan76268, started with a bang and just fizzled the whole year
KEEPITKAUAIIT
Correcto mundo LOL
trytofeelpositive
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