TradingView
CryptoSanders9563
Aug 7, 2023 7:22 PM

XLM/USD 1DAY UPDATE BY CRYPTO SANDERS !! Long

Stellar / TetherUSBinance

Description

hello, welcome to this XLM/USDT update by CRYPTO SANDERS.

CHART ANALYSIS:- Additionally, Stellar (XLM) was another token in the green on Monday, as it continued to move away from a floor of 0.1345.
Following a low at 0.1380 on Sunday, XLM/USD rallied to an intraday high of 0.1431 earlier in the day.
This is the third straight session that Stellar has traded higher and comes despite a recent downward crossover of moving averages (MA).
the 10-day (red) MA moved below its 25-day (blue) counterpart, which is typically a bearish signal.
Even though momentum has shown signs of weakness, XLM bulls will likely continue to target exits at a ceiling of 0.1600.

I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.

Thank you
More