Stellar Price Analysis: XLM/USD Trends of October 25–31, 2018
Stellar price may break the demand level of $0.23, the downtrend movement will be experienced and it will be exposed to the demand level of $0.20
Stellar price may break the demand level of $0.23, the downtrend movement will be experienced and it will be exposed to the demand level of $0.20
The price broke the demand level of $0.24 and the downtrend movement was experienced and this exposed it to another demand level of $0.21.
Should the price break the demand level of $0.24 the downtrend movement will be experienced and this will expose it to another demand level of $0.21.
The Bulls increased their momentum by the formation of bullish engulfing candle followed with the massive strong bullish candles; broke both supply levels of $0.21 and $0.24.
The coin is still trading within the supply level of $0.24 of the upper range and the demand level of $0.18 of the lower range, the price may break out from the channel that will lead to decreases in the rates.
Should the price break and close above the supply level of $0.30, would interrupt the current bearish phase.