Stellar lumen price surged higher above the $0.1050 and $0.1400 resistance levels against the US Dollar.
XLM price traded towards the $0.1620 level and recently corrected lower towards the $0.1180 level.
There is a major contracting triangle forming with support near $0.1300 on the 4-hours chart (data feed via Kraken).
The pair is likely to break the $0.1420 and $0.1420 resistance levels to start a strong rise.
Ethereum Price Analysis: ETH Upsurge Could Extend Above $200
Tuesday September 17, 2019
Ethereum price started a strong upward move and broke the $185 resistance against the US Dollar. ETH price is trading near the $200 level and it might continue to rise in the near term. There was a break above a crucial bearish trend line with resistance near $175 on the 4-hours chart (data feed from […]
The post Ethereum Price Analysis: ETH Upsurge Could Extend Above $200 appeared first on 12bit trade.
Stellar lumen price is placed in a strong uptrend above $0.1200 against the US Dollar. XLM price could resume its upward move once it clears the $0.1420 resistance area.
Stellar Lumen Price Analysis (XLM to USD)
This past week, stellar lumen price started a strong rally above the $0.1000 resistance after bitcoin’s surge against the US Dollar. The XLM/USD pair climbed higher sharply and broke many hurdles such as $0.1050, $0.1180, $0.1250 and $0.1400 resistance levels. There was a proper close above the $0.1200 level and the 55 simple moving average (4-hours). The price even surged above the $0.1500 resistance and traded towards the $0.1620 level. Later, there was a substantial downside correction below the $0.1500 and $0.1400 levels.
XLM tested the $0.1180 support zone and recently rebounded higher. It traded above the $0.1300 and $0.1380 resistance levels. A swing high is formed near $0.1454 and the price is currently correcting lower. There was a break below $0.1400 and the 23.6% Fibonacci retracement level of the last wave from the $0.1158 low to $0.1454 high. However, there are many supports on the downside near the $0.1300 level. Moreover, there is a major contracting triangle forming with support near $0.1300 on the 4-hours chart.
Besides, the 50% Fibonacci retracement level of the last wave from the $0.1158 low to $0.1454 high is also near the triangle support. Therefore, if the price continues to move down, it is likely to find a strong support near the $0.1300 level. If there is a downside break below $0.1300, the price might retest the $0.1180 and $0.1150 support levels. Conversely, the price could climb above the $0.1400 and $0.1420 resistance levels, and resume its uptrend.
The chart indicates that XLM price is clearly trading in a solid uptrend above $0.1300 and $0.1180. There may be range moves in the short term, but the price is likely to climb above the $0.1420 resistance area. The next key resistances on the upside are near $0.1500 and $0.1620.
4 hours MACD – The MACD for XLM/USD is slowly moving in the bearish zone.
4 hours RSI – The RSI for XLM/USD is currently just above the 50 level, with a minor bearish angle.
Key Support Levels – $0.1300 and $0.1180.
Key Resistance Levels – $0.1400, $0.1420 and $0.1500.
The post Stellar Lumen (XLM) Price Could Resume Rally Above $0.1500 appeared first on Live Bitcoin News.
How to Unlock IX Shaw in Call of Duty Blackout
Friday December 14, 2018
Call of Duty: Black Ops 4’s winter event is in full swing and there’s a ton of new content for players to unlock. Just like previous updates, developer Treyarch has included several new character missions for their battle royale mode, Blackout. One of these characters is IX Shaw who tied to the IX Zombie level. […]