Stellar (XLM) Spent a Volatile Week; Resistance Seems Imminent at {{WP_ROCKET_CONDITIONAL}}.049

Stellar (XLM) News

Stellar has been through huge volatility over the last seven days. However, in the said timeframe, the currency traded around {{WP_ROCKET_CONDITIONAL}}.048 most of the time and marked a marginal improvement. Investors should stay optimistic about the upcoming turns of the XLM coin.

Stellar Price Analysis

Stellar (XLM) Price News

XLM coin opened the week at {{WP_ROCKET_CONDITIONAL}}.048398, and on the next day, the price escalated to {{WP_ROCKET_CONDITIONAL}}.052595, the highest point of the week. After breaching a {{WP_ROCKET_CONDITIONAL}}.052 price mark, Stellar currency faced rejection, and the price marked a 13.63% decline and pulled the value down to {{WP_ROCKET_CONDITIONAL}}.045427 by April 10. This was the lowest price point for the week.

Further, between April 10 & 12, Stellar Lumens managed to get an upsurge of 13.17% and got pushed to {{WP_ROCKET_CONDITIONAL}}.051432. However, the currency again started a downside correction after breaching a {{WP_ROCKET_CONDITIONAL}}.051 mark. After losing 7.23% value, the XLM coin price reached {{WP_ROCKET_CONDITIONAL}}.047712 by 00:50 UTC today.

Stellar’s current price at {{WP_ROCKET_CONDITIONAL}}.048576 holds support from its 30 days MA ({{WP_ROCKET_CONDITIONAL}}.04809) and 90 days MA ({{WP_ROCKET_CONDITIONAL}}.048137). The RSI has been improved by a significant degree, and it is currently at 71.43 points, which indicates that it is in the overbought region. As per the current movement, the XLM price may cross {{WP_ROCKET_CONDITIONAL}}.050 mark in the upcoming hours.

Mary Claus

Mary Claus7 Posts

    Mary Claus is a journalist. She holds great knowledge in blockchain and cryptocurrencies. She has done a great researcher in Stellar News and also writes the top news based on it's predictions and signals.

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