- The Stellar coin price moves above the several EMA’s during intraday.
- The 24-hour trading volume is at $798 million.
- XLM/BTC pair is trading positive by 4.8% at 0.00000622 BTC.
Moving Average (EMA) In the Stellar coin daily price chart containing 8,13,21,55 EMA, it is a reliable support for currency price movements. Investors can find that price moves above the yellow line and guarantee an uptrend for XLM as long as prices are above the moving average.
Trading volume (99.175 M) is close to the 20-day moving average (181.718 M). The volume is moderate, so the cost decreases. Investors may also notice a decrease in volume. This indicates that unusual volatility is common on the following trading days.
Stellar Coin Price is Near The Resistance Zone
The daily price chart of Stellar coin is on the rise. Depending on the price movement, the support range is between $0.24 and $0.26. On the flip side, the resistance area you should be looking for is $0.40- $0.42.
The RSI showed a signal of 58 (bullish) with a short-term buy forecast. Investors may find that the indicator’s RSI line is sloping upside. A rise can happen on future trading days.
The MACD shows a bullish cross above the signal line on November 3rd, indicating a buy signal for the currency. In addition, investors can see the beginning of the green bars on the Histogram.
Conclusion
Today’s Stellar price is $0.391530 with a 24-hour trading volume of $798,023,255. XLM prices have been up 6.9 percent in the past 24 hours. There are 24 billion XLM coins in circulation, for a total of 50 billion coins.
RSI and MACD indicate a buy signal. Traders have directed moderate volume. In fact, the cost moves towards the resistance zone. A market overview also shows that this pattern will continue to surge in the coming trading days.
Resistance Level: $0.40- $0.42
Support Level: $0.24- $0.26