Cryptocurrency

Stellar / Dollar may rise to 0.1002 - 0.1014

2024-08-27

0.0955 is our pivot point.

Our preference

Rebound towards 0.1014.

Alternative scenario

Below 0.0955, expect 0.0934 and 0.0922.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.0977 and 0.0996).

Supports and resistances

0.1039 **

0.1026 *

0.1014 **

0.1002

0.0971 last

0.0963

0.0955 **

0.0934 *

0.0922 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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