Cryptocurrency

Stellar / Dollar may rise to 0.0968 - 0.0975

2024-10-23

0.0943 is our pivot point.

Our preference

Rebound towards 0.0975.

Alternative scenario

The downside breakout of 0.0943 would call for 0.0931 and 0.0924.

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 0.0955 and 0.0959).

Supports and resistances

0.0988 **

0.0982 *

0.0975 **

0.0968

0.0953 last

0.0947

0.0943 **

0.0931 *

0.0924 **

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

Introduction to Tradingtop Site


Return to All Articles