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Cryptopolitan 2021-09-21 02:23:37

Stellar Lumens price analysis: XLM/USD is bearish in the next 24 hours

TL;DR Breakdown Stellar Lumens price analysis is slightly bearish on the 24-hour price chart.XML/USD has been trading with an intraday range of $0.26 – 0.30.The MACD histogram indicates short red bars. The Stellar Lumens price analysis chart has weakened somewhat on the 24-hour session after conducting a 1.54 percent retracement overnight. The bulls attempted to reverse a downward channel during the last hours of yesterday’s activity before being stopped at $0.36. As a result, the cryptocurrency opened the daily chart at an intraday high of $0.300 but was forced back to $0.30 just a few minutes later. From here, the market has the potential to go any which way; however, our indicators suggest that we may see losses in the next 24 hours. Source: Coin360 Most digital assets are bleeding, as indicated by the daily cryptocurrency heatmap. The two giant assets, Bitcoin and Ethereaum, are reading in negative market trends recording massive drops. Both have recorded more than ten percent price decline. Binance coin (BNB) is trading in the same direction, recording more than 11 percent price drop. Stellar Lumens has dropped by less than one percent, and it is currently trading at $0.28. XML/USD 4-hour chart: Will XML rally? On this 4-hour Stellar Lumens price analysis chart, the XML/USD pair has declined to the $0.3501 mark, and the sellers are attempting to exert a pullback pressure. A supply zone is taking shape around this ...

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