Stellar Attempts to Hold on Above $0.10 Support

Share Article
In Brief
  • XLM has broken out from a yearlong resistance area at $0.087

  • There is short-term support and resistance at $0.10 and $0.117.

  • The correct wave count cannot be accurately determined at the current time.

  • promo

    Stake your points and qualify for the 200,000 USDT prize pool. Start staking now!

The Trust Project is an international consortium of news organizations building standards of transparency.
The Stellar (XLM) price has broken out from a long-term resistance area and is trading inside a shorter-term range. Until the price breaks upwards or downwards from the latter, we cannot accurately determine the direction of the future movement. Weakness After the Breakout On July 5, the XLM price broke out from the $0.087 area, which had been providing resistance since July 2019.
×

BeInCrypto Premium - Register for FREE now.

BeInCrypto Premium - Register for FREE now.

Upgrade to continue reading

Register Now!
Sponsored
Share Article

Valdrin discovered cryptocurrencies while he was getting his MSc in Financial Markets from the Barcelona graduate school of Economics. Shortly after graduating, he began writing for several different cryptocurrency related websites as a freelancer before eventually taking on the role of BeInCrypto's Senior Analyst.

Follow Author

Limited offer! Learn to mine and trade crypto today for free

Join

Earn up to $10,000 USD every week in CoinFLEX AMM+ Arena!

Earn Now

Be our Supreme Scorer and qualify for a grand prize pool of 200,000 USDT!

Join