XLM price shows a descending triangle pattern in the daily chart.
Prices are close to the 200-day EMA and $0.11 demand zone.
A breakdown below $0.11 could lead to a plunge to $0.096.
Recent 17% pullback from resistance trendline.
Sideways trend indicates a lack of bullish momentum.
Market price crosses under the crucial 200-day EMA.
Possibility of a death cross if demand zone breaks down.
Currently trading at $0.112 with an intraday gain of 0.37%.
Daily RSI line is declining, approaching the oversold zone.
MACD and signal lines struggle for a bullish crossover.
Bearish histograms are ready to resurface.
Stellar Lumens price is at a critical juncture.
Prices are close to the 200-day EMA and $0.11 demand zone.
A breakdown below $0.11 could lead to a plunge to $0.096.
Recent 17% pullback from resistance trendline.
Sideways trend indicates a lack of bullish momentum.
Market price crosses under the crucial 200-day EMA.
Possibility of a death cross if demand zone breaks down.
Currently trading at $0.112 with an intraday gain of 0.37%.
Daily RSI line is declining, approaching the oversold zone.
MACD and signal lines struggle for a bullish crossover.
Bearish histograms are ready to resurface.
Stellar Lumens price is at a critical juncture.