Stellar Lumens (XLM) Price Analysis: 27 September
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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. (https://eng.ambcrypto.com/stellar-lumens-steem-dash-price-analysis-27-september/)