Like many other large-cap altcoins, Stellar Lumens (XLM) has performed well against Bitcoin and the U.S. dollar over recent weeks. Per data from TradingView, the asset is up by 58% against the dollar. And over that same time frame, it is up 24% against Bitcoin. While a positive sign for the cryptocurrency, an analyst in…
Stellar (XLM) is trading in a bullish zone above the $0.1000 support zone against the US Dollar. XLM price is likely to accelerate towards $0.1200 or even higher if it stays above the $0.1000 support. There was a sharp downward move from the $0.1168 monthly high against the US dollar. The price found support near…
Stellar (XLM) has seen some strong momentum throughout the past few weeks, but this is starting to show some signs of faltering as its buyers fail to surmount a crucial resistance region that it has tested multiple times.Its current signs of weakness may not be emblematic of its near-term outlook, however, as one analyst is…
Stellar (XLM) has been incurring massive upside throughout the past couple of weeks, with the token’s price surging to fresh yearly highs just days ago.It is currently expressing some signs of weakness, however, as the token’s price recently faced a grim rejection that has since sparked an intense price decline.Analysts are noting that this ongoing…
It isn’t only Cardano and DeFi tokens that have performed extremely well over recent days.Stellar Lumens (XLM) is up over 50% in the past four days, having rallied from around $0.06 on the weekend to $0.09 as of the time of this article’s writing. At the local highs, the popular altcoin traded just a few…
One of the cryptocurrency market’s worst-performing altcoins has finally broken out from an over 800-day downtrend.With all remaining diagonal downtrend resistance cleared, what’s next will likely be retests of key horizontal and psychological resistance levels above, and possibly even the asset’s former all-time high. What exactly will it take for this cryptocurrency to get there,…
Crypto analysts use different tactics to try and predict future price movements in Bitcoin and altcoins. Due to the speculative nature of the emerging asset class, the study of emotion-driven impulses and corrections – called Elliott Wave Theory – can be particularly insightful.According to one crypto analyst that focuses solely on the practice of Elliott…
The cryptocurrency known as Stellar has been a relatively poor performer over the last several years, however, throughout 2020 the once-booming altcoin has been showing signs of a strong recovery.Now, the asset has printed a TD9 on daily price charts, following an over 10% intraday rally. Is this a sign that an altcoin season may…
The crypto altcoin asset known as Stellar, or XLM, was among the worst performers during the bear market.However, a powerful fractal found on the asset’s price chart could show just how epic the next crypto bull market can be.Bitcoin Halving Triggered Massive Crypto Upsurge and Alt-Season Last CycleIn late July 2016, Bitcoin had its second-ever…
Stellar (XLM) has seen some notable underperformance of Bitcoin and the aggregated crypto market throughout 2019 and even 2020, largely being caught within an extended bout of sideways trading.Analysts are now noting that the crypto just broke above an important technical level that it has been caught beneath for many years, with the movement past…