Stellar is trading in a range-bound since five days. It's stuck between 38.2 and 50 percent Fibonacci retracements. The support of the range is $0.55, whereas, the resistance will be at $0.64.
Stellar sustained above the trendline.We believe that the trendline will hold the price. So, we recommend initiating long positions on any dips to the trendline which may...
This is a pretty short-term scenario, referring to the next week or so.
I see a lot of reputable analysts that I trust show bullishness for what we are seeing here. They believe that these are impulse waves, and we are awaiting another impulse wave to around that target line. I think its definitely possible. BUT, I'm bearish on this one. I think we're still...
Stellar 9.90% has jumped almost 20% after online payment Stripe says that it may add support for stellar 9.90% in the future. Stripe handles payments of more than 1 lakh business and it would stop processing bitcoin 3.44% using bitcoin 3.44% due to slower transaction rates and fees.
XLM/USD broken major trend line resistance 0.5300 and jumped till 0.6500 level....
Take the latest high, compare it with the most recent solid low on the chart, and the Fibonacci retracement shows the current Stellar Lumens per U.S. Dollar right at the 61.8% level. That's a technically important support/resistance level in Fibonacci patterns. It looks to me that if it breaks through that level, say, upward past 65%? 68%?, we've got a confirmed...
Stellar into February
Broke the trend, and rode some road map news. Dropped with the news about coincheck, but continues to rise with btc moving sideways.
Target 1 is $0.71
Target 2 is $0.82
Eyeing end of January
Stellar Lumens hit and exceeded our target of 55 cents before the recent market pullback. Clearly the crypto eco-system accepts XLM' over XRP' if not for anything but based on philosophy alone. XRP' is the "Satan of Cryptos" in the eyes of most enthusiasts even though XRP' competes with Ethereum' for number of transactions. But could we be seeing a shift in...
Very important volume during the US overnight.
A rumor of a new annoncement in the XLM project during the asian session will push the price higher.
Buy the rumor
Sell the news.
could this be the reason many traders are having trouble with this correction?
is this really a wave 2 of a 5 wave up?
please comment elliott wave specialists
