Stellar lumen price started a nice upward move from the $0.0863 swing low against the US Dollar.
XLM price climbed above the $0.0950 and $0.1000 resistance levels before correcting lower.
There was a clear break above a crucial bearish trend line with resistance at $0.0950 on the 4-hours chart (data feed via Kraken).
The pair corrected lower recently, it remains well supported near the $0.0950 area.
AT&T Claims Innocence In Recent SIM-Swapping Suit
Tuesday May 21, 2019
Phone and internet service provider AT&T claims that it is not responsible for a series of recent SIM-swapping complaints. Was AT&T’s Security Lacking Somehow? Recently, Live Bitcoin News reported on a man named Michael Terpin, an AT&T customer that had allegedly been the victim of SIM-swapping. Terpin alleges that a man bypassed his phone’s security […]
Stellar lumen price started a strong recovery above $0.0950 and $0.1000 against the US Dollar. XLM price remains supported and it could move higher towards $0.1050 and $0.1100.
Stellar Lumen Price Analysis (XLM to USD)
This past week, stellar lumen price gained traction after bitcoin’s rise against the US Dollar. Earlier, the XLM/USD pair declined heavily below the $0.1000 and $0.0900 support levels. A swing low was formed at $0.0863 before the price started an upward move. There was a steady rise above the $0.0900 and $0.0920 resistance levels. The bulls gained traction above the $0.0950 resistance and the 55 simple moving average (4-hours).
During the rise, there was a clear break above a crucial bearish trend line with resistance at $0.0950 on the 4-hours chart. The pair rallied above the $0.1000 and $0.1020 resistance levels. The price even surpassed the $0.1050 level and traded as high as $0.1080. It recently corrected lower below $0.1020 and the 23.6% Fibonacci retracement level of the last wave from the $0.0863 low to $0.1080 high. The correction was such that the price spiked below $0.1000, and the 50% Fibonacci retracement level of the last wave from the $0.0863 low to $0.1080 high.
However, the $0.0950 support and the 55 SMA acted as a strong buy zone. Besides, the price rebounded after tagging the 61.8% Fibonacci retracement level of the last wave from the $0.0863 low to $0.1080 high. The price is currently trading just below the $0.1000 level and it seems like there could be a strong rally above the $0.1000 resistance. The next key resistance is at $0.1028, above which the price may revisit the $0.1080 swing high.
California mass shooting: At least 12 killed at Thousand Oaks bar
Friday November 09, 2018
Twelve people, including a sheriff’s sergeant, were killed in a mass shooting at a crowded Southern California bar Wednesday night. Police later found the shooter dead inside, possibly from a self-inflicted wound. The Borderline Bar & Grill in Thousand Oaks was filled with hundreds of college students. Carter Evans reports. Subscribe to the “CBS This
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The chart indicates that XLM price is trading nicely with a positive bias above the $0.0950 level and the 55 SMA. Therefore, there are high chances of a fresh increase above the $0.1000 and $0.1028 resistance levels. On the other hand, a close below the $0.0950 support level might trigger a strong decline towards $0.0850.
4 hours MACD – The MACD for XLM/USD is slowly moving in the bullish zone.
4 hours RSI – The RSI for XLM/USD is currently well above the 50 level and it could test 65.
Key Support Levels – $0.0950 and $0.0900.
Key Resistance Levels – $0.1000, $0.1028 and $0.1050.
The post Stellar Lumen (XLM) Price Eyes Fresh Rally Above $0.1000 appeared first on Live Bitcoin News.
Raiders’ Jon Gruden Trolls Stephen A. Smith Over Chargers Comments
Friday December 14, 2018
The aftermath of Stephen A. Smith’s brutal blunder on live television while talking about the Los Angeles Chargers and Kansas City Chiefs is being felt across the sports world. Players, coaches, fans, and even teams are going out of their way to troll the ESPN analyst for his previous comments, and we can now add […]
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