Stellar Lumens (XLM) Price Analysis: 27 September

[sneakyboi]

Stellar Lumens (XLM) Price Analysis: 27 September

Stellar Lumens’ charts pointed to bearishness in the short-term after it was unable to scale a level of resistance. In fact, XLM has been forming lower highs for over a month, highlighting a downtrend over the longer time frame as well.

The RSI showed a value of 49, at press time, and closed a trading session beneath its previous low at $0.073. This indicated waning bullish pressure and a failed attempt at resistance.

It was likely that price would be heading back toward the next level of support which lay at $0.07.


Learn more about the analysis here.

[damsix]

In my opinion, 0.07 USD is still too low for Stellar because I think Stellar will be able to increase its price to 0.1 USD.
Well, if Stellar is able to go up to 0.1 USD then I make sure Stellar's trading volume will also increase and that will certainly be a good turning point for Stellar.

[Baroksz]

it turns out that XLM even today the price tends to be stable like 2 months ago ... up and down without any bulls or bears breaking the 100% mark.