XLM/USD Price Analysis Oct.24

[Nikko]

Stellar is trading close to the downtrend line of the descending triangle, which is a positive sign. Though it has failed to break out of the overhead resistance, we like the way it has sustained above the moving averages.

If the bulls succeed in breaking out of the triangle, the traders can establish long positions on a close (UTC time frame) above $0.27. The target objective is a rally to $0.36, with a minor resistance at $0.3.

If the XLM/USD pair plummets from the current levels and breaks below the moving averages, a drop to the support zone of $0.184–$0.2 is probable.

Cointelegraph

[juv3ntus1]

today 30.10.2018 stellar price 0.225837 $ its down with 2.15 procent, with a 24 volum of 46,704,342$.

[Nikko]

Stellar broke down of the ascending channel on Nov. 19 and followed it up with another sharp fall the next day. However, the bulls have managed to hold the critical support at $0.184.

XLM/USD

The current pullback attempt is likely to face a stiff resistance at the support line of the channel and above it at the downtrend line.

If the bears sink the XLM/USD pair below the critical support at $0.184, it can slide to the next support at $0.13 and below that to $0.09.

Source: https://cointelegraph.com/news/bitcoin-ripple-ethereum-stellar-eos-litecoin-cardano-monero-tron-dash-price-analysis-nov-21

[squadus]

Stellar looks poised to pop. It has been hovering safely in the $0.20 range for months now.

I think with the IBM Blockchain backing it, Stellar Lumens is one of the best cryptoassets aside from the store of value coins such as Bitcoin, Bitcoin Cash and Litecoin.

[Nikko]

Stellar is at a critical level. If the bears sustain prices below $0.184, it will be negative and can result in the start of a new down move. The lower levels to watch on the downside are $0.1547188 that is the intraday low of March 18 and $0.138565, which is the intraday low hit on Dec. 22 of last year.

Source