XLM price moves sideways between 50 and 100-day EMA.
Resistance trendline indicates strong selling pressure.
Break below 100-day EMA could push XLM below $0.10.
XLM faces significant resistance at $0.16, with sellers controlling bullish momentum.
Downtrend exerts pressure on 100 and 200-day EMA.
Price trapped between 50% and 38.2% Fibonacci levels, consolidating between $0.119-$0.129.
Intraday fall of 2.15% sees XLM testing $0.119 support.
Breakout from current Fibonacci levels will indicate next move.
Potential double top formation suggests possible downtrend.
If price drops below 100-day EMA, 200-day EMA buyers may step in, stressing the $0.10 mark.
Bullish scenario: If XLM breaks 50-day EMA, it could target $0.142.
Resistance trendline indicates strong selling pressure.
Break below 100-day EMA could push XLM below $0.10.
XLM faces significant resistance at $0.16, with sellers controlling bullish momentum.
Downtrend exerts pressure on 100 and 200-day EMA.
Price trapped between 50% and 38.2% Fibonacci levels, consolidating between $0.119-$0.129.
Intraday fall of 2.15% sees XLM testing $0.119 support.
Breakout from current Fibonacci levels will indicate next move.
Potential double top formation suggests possible downtrend.
If price drops below 100-day EMA, 200-day EMA buyers may step in, stressing the $0.10 mark.
Bullish scenario: If XLM breaks 50-day EMA, it could target $0.142.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.