您现在的位置是:Stellar Lumens XLM/USD makes a bullish statement >>正文
Stellar Lumens XLM/USD makes a bullish statement
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛5397人已围观
简介Stellar Lumens XLM/USD trades at key resistance of $0.126. However, momentumis building, with key te...
Stellar Lumens XLM/USD trades at key resistance of $0.126. However, momentum is building, with key technical indicators pointing to a potential breakout. According to the CoinMarketCap data, Stellar Lumens has added nearly 10% in the past one week. The gains are the highest in the week after Ripple’s XRP.
LunarCrush AltRank™ places XLM and XRP as potential bullish movers. According to a tweet on October 8, XLM, alongside XRP, has a low AltRank. The ranking is interpreted as a sign of a bullish move. Crypto analytics firm DYOR.net also recognises XLM among the top digital assets with potential bullish trends.
XLM trades at resistance as bullish momentum build
eToro
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.
Open AccountPlus500
Plus500 is a leading provider of Contracts for Difference (CFDs), delivering Leveraged trading on +2,000 financial instruments, including Forex, Commodities, Indices, Shares, Options and Cryptocurrencies. CySEC license number (#250/14)
Buy XLM with Plus500 today 82% of retail CFD accounts lose money.Source – TradingView
On the daily chart, XLM is attempting to break above the resistance. In fact, XLM is retesting the resistance after unsuccessfully dislodging it last month. The token remains supported by the 20-day moving average and 50-day moving average. A 20-day MA crossover above the 50-day MA confirms a bullish momentum.
If we turn to the MACD, the indicator is in the bullish zone. A growing divergence of the oscillator and the signal line indicates that momentum is building up for XLM. With momentum building at the resistance, the odds are for a breakout rather than a correction.
Should you buy XLM now?
XLM remains on a potential breakout. The fundamentals and the technical align, reinforcing a bullish view. Should the cryptocurrency break to the upside, XLM would move higher to find the next resistance at $0.148.
Currently, investing in XLM at the key level is not a good idea. Wait for a breakout and assess the trade. Potentially, the inflation data on Thursday could drag markets and force a correction. Aside from the market dynamics, XLM should be on the investors’ watch list.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/969677.html
相关文章
Where to buy CITY: fan token rises 25% on Ronaldo rumours
Stellar Lumens XLM/USD makes a bullish statementManchester City’s official fan token has rallied amid rumours the English champions are set to...
阅读更多
Robinhood plans to list Bitcoin ETF soon as this new hybrid exchange joins the race
Stellar Lumens XLM/USD makes a bullish statementRobinhood to list SEC-approved Bitcoin ETFs, aligning with the convergence of crypto and finance.Pul...
阅读更多
Where to buy MENSA as price rises to $1.15
Stellar Lumens XLM/USD makes a bullish statementMENSA, the native token of the Mensa Protocol, a decentralised lending platform, has joined the bull...
阅读更多
热门文章
- OpenAI’s Altman teams up with UAE and TSMC for AI chip venture
- Automated shades cut energy bills by 25%, study finds
- Perovskite
- Human DNA suprisingly easy to find in the environment
- World's first AR laptop comes with a VR headset instead of a screen
- BlockGuard and Pixelette Technologies forge a strategic DeFi partnership
最新文章
SafeMoon price analysis: SAFEMOON at risk of a 61% dip
Uniswap price slides 4.5% amid crypto market slowdown
New study finds ChatGPT outperforms doctors in giving 'empathetic' advice
Where to buy Stafi tokens: FIS coin price surges 130%
Crypto drops, NuggetRush Resilient raises over $1.6 million
Exploring the Surge in Altcoins: A Deep Dive into UNI, RUNE, and $RBLZ's Market Dynamics