Stellar / Dollar may rise to 0.1044 - 0.1056

0.1002 is our pivot point.

Our preference

As long as 0.1002 is support look for 0.1056.

Alternative scenario

Below 0.1002, expect 0.0982 and 0.0971.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1017 and 0.1008).

Supports and resistances

0.1079 **

0.1067 *

0.1056 **

0.1044

0.1020 last

0.1009

0.1002 **

0.0982 *

0.0971 **

Number of asterisks represents the strength of support and resistance levels.