Cryptocurrency

Stellar / Dollar may rise to 0.0937 - 0.0944

2024-06-26

Our pivot point is at 0.0911.

Our preference

As long as 0.0911 is support look for 0.0944.

Alternative scenario

Below 0.0911, expect 0.0899 and 0.0891.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.0916 and 0.0898).

Supports and resistances

0.0959 **

0.0952 *

0.0944 **

0.0937

0.0922 last

0.0916

0.0911 **

0.0899 *

0.0891 **

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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