Cryptocurrency

Stellar / Dollar may rise to 0.0931 - 0.0938

2024-06-23

0.0905 is our pivot point.

Our preference

Rebound.

Alternative scenario

Below 0.0905, expect 0.0892 and 0.0885.

Comment

The RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (0.0913) but below its 50 period moving average (0.0918).

Supports and resistances

0.0953 **

0.0946 *

0.0938 **

0.0931

0.0915 last

0.0910

0.0905 **

0.0892 *

0.0885 **

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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