Stellar (XLM) Cryptocurrency Price Prediction, Forecast, and Technical Analysis - July 5th, 2021

3 years ago
10

Stellar (XLM) shows near term support on the weekly chart, so this will be one to watch. Chikou Span near the top of the body of the candlestick and the curreny weekly close is just above Senkou Span A – a support zone between $0.25 and $0.29 will need to hold to remain bullish on the weekly. Daily chart continues to show a push towards a confluence zone between $0.175 (78.6% Fib Retracement and 100% Fib Extension) and $0.1980 (high volume node). Would only consider looking at the bullish side now on the daily chart if the Chikou Span closes above the candlesticks, which would mean Stellar would have to return to $0.35ish.

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