With a $6.9 billion market cap, Stellar has remained close to the top-10 cryptocurrencies and consolidated fairly after its rally during the 1st week of January. XLM re-tested its support a few times but rather than consolidating low, it has continued to bridge the gap nears its yearly high of $0.414. The long-term analysis remains...Read More
Stellar Lumens climbed above its immediate resistance on the charts but the indicators did not favor an extended rally. Altcoins XTZ and DASH projected rangebound movement as there was a shortage of buyers in their market. Stellar Lumens [XLM] Source: XLM/USD, TradingView Stellar Lumens broke above $0.239 resistance after it witnessed some buying pressure over...Read More
Stellar Lumens approached the upper boundary of its range with bullish momentum, but was rejected, and would need to rise above $0.33 to achieve a breakout. Augur formed a triangle pattern and could retest the $17.3-level once more before embarking on a strong move. Finally, VeChain appeared likely to lose a level of support at...Read More
Stellar Lumens traded below its 20-SMA and underlined a bearish market as the price headed towards its $0.24-support level. WAVES moved below an ascending parallel channel and a fall towards the $6.4-support could offer confirmation to the pattern. Finally, DASH found support at $130, but limited buying activity and trading volumes could keep the price...Read More
Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be taken as investment advice Stellar Lumens had neutral momentum in the market over the past two days, and only in the last few hours did the coin see a shift in momentum in favor of the bulls. This...Read More
After Bitcoin forfeited the $33,000-mark, altcoins such as Stellar Lumens, Cosmos, and Zcash moved within a range and awaited further signals from the market leader to make a stronger move on the charts. Stellar Lumens [XLM] Source: XLM/USD, TradingView Stellar Lumens moved within the tight channel of $0.28 and $0.26 as trading volumes remained subdued...Read More
Stellar Lumens registered significant losses recently. However, since a lot of the asset wasn’t sold on the market, XLM could see some upside in the next day or two. STEEM also showed signs that it was poised for a bounce while Maker slipped under a triangle pattern and could move towards $1000 on the price...Read More
Stellar Lumens and Basic Attention Token were trading right beside their range highs. However, Stellar Lumens struggled to break past the resistance while BAT already has, and looked to surge higher. Aave made strong gains over the past week, and some levels of support are highlighted if it retraces some of those gains. Stellar Lumens...Read More
While the collective market rallied upwards from the 3rd week of November, Stellar moved in the opposite direction. Till the end of 2020, the asset continued to decline in the market, reaching a low of $0.11. What happened right after, was a radical shift of immense proportions. Between 1st January-7th January, XLM‘s value hiked by...Read More
After Bitcoin fell lower from the $40,000 mark, a broader market rally slowed down and altcoins saw mixed movements on the charts. Similarly, XLM, TRX, and ALGO were in the consolidation phase at the time of writing. Stellar Lumens [XLM] Source: XLM/USD, TradingView After snapping a local high at $0.416, XLM cooled down on the...Read More
Synthetix and Loopring followed market frontrunners Bitcoin and Ethereum‘s suit by surging on the price charts, before minor corrections halted their movements. On the contrary, Stellar Lumens was having a field day on the charts, with more upside projected in the short-term. Stellar Lumens [XLM] Source: XLM/USD, TradingView Stellar Lumens has been outperforming on the...Read More
Stellar Lumens formed a double bottom on the charts and reversed the downtrend it had previously been on as it looked to flip the $0.145-level to support. Algorand and Maker also had a bullish outlook as they broke above crucial levels of resistance. Stellar Lumens [XLM] Source: XLM/USD on TradingView The downtrend for XLM since...Read More
Ethereum was strongly bullish on the charts as the dip to $700 never came, but instead, a boost to $789 was noted on the charts. Stellar Lumens slumped in the face of sellers, while FTX Token also surged and was trading at $6.38. Ethereum [ETH] Sorry: ETH/USD on TradingView Ethereum had a strongly bullish outlook...Read More
After a minor correction, the world’s largest cryptocurrency Bitcoin climbed once again on the charts and headed towards the $28,000 mark. However, not every altcoin in the broader market was able to follow Bitcoin’s movement. Altcoins BAT and Stellar went against the trend and registered price drops, while OKB continued to rise upwards. Basic Attention...Read More
Click Here For AMBCrypto’s Survey – A chance to win Trezor One The altcoin market recovered somewhat from its recent losses, with many altcoins noting a short-term bullish outlook. Stellar Lumens appeared poised to move above the $0.156-level, but Waves was unable to breach its level of resistance as it noted consistent selling pressure over...Read More
Some of the market’s large-cap altcoins had a bearish outlook to them. Stellar Lumens moved under the $0.156-level once more and could lose the $0.145-level of support as well. Compound indicated that it was likely to continue the bearish trend of the past few days, while Polkadot faced resistance from the $5.4-region of supply. Stellar...Read More
Inspired by Bitcoin’s recent price surge, altcoins Monero and Algorand shot higher along with the broader market, while Stellar went against the trend and registered a decline in price. Stellar Lumens [XLM] Source: XLM/USD, TradingView Unable to sustain the upward momentum set by Bitcoin’s price, Stellar has seen a volatile month of December. Last week...Read More
Stellar Lumens was in a consolidation phase after its strong performance in November. In the short-term, it lacked any momentum and the $0.172-level of support can be expected to hold. Synthetix’s charts noted a bearish divergence, but the bulls could be back in control after a minor dip. Nano retraced some gains from late-November and...Read More
Bitcoin’s ascent past $19,000 lent some strength to the altcoin market as Stellar Lumens broke out of a falling wedge and headed towards $0.2 over the next few days. On the contrary, Waves was held back by selling pressure over the past few days and could break beneath a level of support while Dash showed...Read More
The Crypto Fear and Greed Index registered a value of 90 at press time, with calls for a deeper Bitcoin correction yet to come to the fore. Stellar Lumens was on a downtrend over the past three weeks, but it could see a breakout to the upside in the coming days. Aave saw a bearish...Read More
Stellar Lumens was in a phase of consolidation before a breakout from the $0.172-level on the charts. Further down the crypto-ladder, while Polkadot had bearish momentum and could lose the $5-support level to the bears in the coming days, Status formed a descending triangle and expected a breakout over the next few days. Stellar Lumens...Read More
Stellar Lumens was rising to test the level at $0.18 at resistance before retracing more gains from the previous month, where XLM made gains of nearly 200%. Decred was also moving lower on the charts, and it is expected to see a bounce upward at $24.3 support. Waves had a bullish outlook and traded within...Read More
NEM‘s strong performance over the past couple of weeks could see a setback after it formed a bearish reversal pattern on the charts, a development suggesting that it might lose a level of support at $0.169. Further, while Stellar Lumens was heading towards a level of support at $0.18, DigiByte was oscillating between two levels...Read More
The larger market sentiment has shifted strongly in the favor of the bulls over the past few days. In fact, Bitcoin refused to drop below $17,800, despite corrections setting in. In the time that it traded sideways, the altcoin markets have seen capital flow into them. Stellar Lumens and FTX Token posted remarkable gains over...Read More
Bitcoin’s market cap was continuing to hit new ATHs, with the same climbing to $344 billion, at the time of writing. In fact, the same had even surpassed the previous ATH of $328 billion achieved back in late-2017. Some of the market’s altcoins saw surges corresponding to the positive sentiment in the market. For instance,...Read More
Bitcoin approached its ATH after years in a bear market. The euphoric sentiment aside, no asset moves upward in a straight line and retracements are part of a healthy uptrend. However, an eventual Bitcoin pullback could hurt the altcoin market in its immediate aftermath. Litecoin approached an important level of resistance on the back of...Read More
Bitcoin decisively climbed past the $16,000 level as buyers overwhelmed the market in the wake of extremely positive sentiment toward the biggest crypto. Chainlink was unable to perform similarly in the past few days, as its price oscillated about the $12.6 level. Synthetix and Stellar Lumens registered gains in the past few trading sessions and...Read More
While Bitcoin did dip briefly under $16,000, the sentiment around BTC remained strongly bullish, which is why the buyers were assertive enough to later push the price to $16,117, at press time. Further down the crypto-ladder, Stellar Lumens saw traders take-profit upon a push past the resistance level. Bitcoin Gold was trading within a range...Read More
Stellar Lumens was on its way to flip a level of resistance to support while moving higher on the charts, at the time of writing. On the contrary, DeFi tokens saw a surge after investors piled in on the first sign of strength and Aave doubled in value over the past few days. Finally, FTX...Read More
Crypto Fear and Greed Index stood at 90, the same value as the previous day. Bitcoin Cash and Stellar Lumens saw heightened volatility in the past few days but were able to register good gains in the same time period. Dogecoin also made gains in recent days but its bullish momentum could be weakening. Bitcoin...Read More
