Cryptocurrency

Stellar / Dollar may fall to 0.0741 - 0.0791

2024-06-25

0.0960 is our pivot point.

Our preference

The downside prevails as long as 0.0960 is resistance.

Alternative scenario

Above 0.0960, look for 0.1045 and 0.1095.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.0959 and 0.1029).

Supports and resistances

0.1095 **

0.1045 *

0.0960 **

0.0927

0.0893 last

0.0791

0.0741 **

0.0690 *

0.0640 **

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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