Stellar rumen price The analysis shows today’s bullish price volatility after market trends changed on June 1, 2022. The price has been adjusted to $ 0.136 and then started to recover, recovering on the second day. Weekly analysis also confirms that the Bulls are leading and the value of the coin is $ 0.148. In addition, the trend line supports Stella prices, so you can expect higher price levels.
XLM / USD Daily Price Chart: Bulls Leads Price to $ 0.148, Gaining 6% Value
A daily Stella price analysis showed a rise in prices as the bullish wave continued. Cryptocurrencies have overcome sudden pressure from bears and price levels have improved to $ 0.148 today, gaining more than 6% value in the last 24 hours. If the bullish momentum continues, they are expected to reach new highs above the initial resistance levels that exist at $ 0.150. Coin has also reported a significant 21.62% increase in value over the past week, demonstrating a bullish advantage.
The Moving Average (MA) shows the average calculated for the month, which is $ 0.135 above the SMA50 curve. Last week contributed to the rise in prices. This also resulted in a relatively high Relative Strength Index (RSI) score of 53. The curve of the indicator is upward and represents purchasing activity in the market.
Volatility is also rising as the Bollinger Bands show a slight divergence as they experienced a sharp bullish trend last week. The Bollinger Bands are expanding, with the upper band reaching the $ 0.151 price level for resistance and the lower band at the same time reaching $ 0.117 for support for the XLM price.
Stellar Rumen Price Analysis: Recent Developments and Further Technological Signs
A 4-hour Stella price analysis shows the progress of a green candlestick showing a continuous rise in price levels over the last 28 hours. Previously there was a constant wave of bears dominating price behavior, but today this trend is in favor of buyers. The Bollinger Bands averaged at $ 0.143, with moderate volatility.
The upper limit of Bollinger Bands has risen to $ 0.152 and the lower limit has settled at $ 0.134. The moving average, on the other hand, shows a total of $ 0.143 on the 4-hour candlestick chart. The RSI score has risen to the index 65 as the bullish trend continues.
Conclusion of Stellar Rumen Price Analysis
Stellar’s price analysis last week Cryptocurrency.. As you can see from the chart, the short-term trend line is moving upwards. The price of the coin has returned to $ 0.148 and XLM expects to exceed $ 0.150 today.
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