Stellar Price Prediction Today: Daily (XLM) Value Forecast – June 25

  • The XLM coin is fluctuating between the levels of $0.1200 and $0.1400.
  • The price of Stellar could neither break the upper price level nor the lower price level.

XLM/USD Medium-term Trend: Ranging

  • Resistance Levels: $0.1300, $0.1400¸ $0.1500
  • Support levels: $0.1100, $0.1000, $0.09000

Yesterday, June 24, the price of Stellar was in a sideways trend. The XLM coin is fluctuating between the levels of $0.1200 and $0.1400. The 12-day EMA and the 26-day EMA are horizontal flat. On May 15 and 19, the price of Stellar has appreciated to the upper price range but could not break above it.

On June 2, the bulls tested the upper price range and price fell to the lower price range. The price of Stellar could neither break the upper price level nor the lower price level. However, the moving averages are contracting and trending horizontally indicating that price is in a sideways trend. At this latter part of the moving average, the market is in tight consolidation. It is indicative that a price breakout is imminent.

XLM/USD Short-term Trend: Bearish

On the 1-hour chart, the price of Stellar was in a bearish trend. On June 23, the bulls were resisted at the $0.132  price level as the crypto’s price fell to the low of $0.124 price level. Meanwhile, the XLM price is in the oversold region of the daily stochastic but below the 20% range. This implies that price is in a bearish momentum and a sell signal.
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The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

Skycoin Price Prediction Today: Daily (SKY) Value Forecast – June 13

Binance Lists Skycoin (SKY) to Cryptocurrency Exchange, Price Spikes
  • The price of SKY price fluctuates between the levels of $1.600 and $1,800. In retrospect, the SKY market had an overhead resistance at the $2.30 price level.
  • Nevertheless, the coin was characterized by small body candlesticks like the Doji and the Spinning tops which describe the indecision between the buyers and sellers.

SKY/USD Medium-term Trend: Ranging

Resistance Levels: $1.8, $2.0 ¸ $2.2
Support levels: $1.4, $1.2, $1.2

Yesterday, June 12, the price of Skycoin was in a sideways trend. The price of SKY price fluctuates between the levels of $1.600 and $1,800. In retrospect, the SKY market had an overhead resistance at the $2.30 price level. However, SKY market had a downward correction to the $1.6000 support level. The $1.6000 was well supported as the bulls made an upward move to the upper price level.

The bulls were resisted at the $1.800 upper price level. Nevertheless, the coin was characterized by small body candlesticks like the Doji and the Spinning tops which describe the indecision between the buyers and sellers. Meanwhile, the SKY price has reached the oversold region of the daily stochastic but below 60% range. This indicates that price is a bearish momentum and a sell signal.

SKY/USD Short-term Trend: Ranging

On the 1-hour chart, the SKY price was in a sideways trend. The 12-day EMA and the 26-day EMA are trending horizontally. The crypto’s price was fluctuating below and above EMAs. The price of Skycoin is in choppy price action. The support and the resistance level are not evenly apart thus making trade analysis complex. Meanwhile, the SKY price has reached the oversold region of the daily stochastic but above 20% range. This indicates that price is a bearish momentum and a sell signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez Mustapha

Tezos Price Prediction Today: Daily (XTZ) Value Forecast – June 12

Tezos Grows More than 90% in 30 Days; What’s Behind This XTZ Price Surge?
  • The crypto’s price is fluctuating between the levels of $1.20 and $1.30 in a tight range.
  • On June 7, the XTZ market reached a high of $1.400 overhead resistance level.

XTZ/USD Medium-term Trend: Ranging

  • Resistance Levels: $1.30, $1.35 ¸ $1.40
  • Support levels: $1.20, $1.15, $1.10

Yesterday, June 11, the price of Tezos was in a sideways trend. The crypto’s price was fluctuating between the levels of $1.20 and $1.30 in a tight range. The 12-day EMA and the 26-day EMA are contracting and trending horizontally indicating that price is in a sideways trend. On June 7, the XTZ market reached a high of $1.400 overhead resistance level. However, the bulls were resisted and the market fell to a low at $1.300 price level.

However, the bearish pressure continues as the price fell into the range bound zone. At the upper range, the bulls tested the $1.300 price level on three occasions. The lower price range of $1.200 had been tested by the bears only on two occasions. Meanwhile, the price of Tezos has reached the oversold region of the daily stochastic but below 40% range. This indicates that price is in a bearish momentum and a sell signal.

XTZ/USD Short-term Trend: Bearish

On the 1-hour chart, the XTZ price was in a bearish trend. The 12-day EMA and 26-day EMA are sloping horizontally indicating a sideways trend. On June 11, the crypto’s price fell to a low at $1.22 price level. The price of Tezos also faces resistance at the $1.29 price level. Meanwhile, the price of Tezos has reached the overbought region of the daily stochastic but above 80% range. This indicates that price is in a bullish momentum and a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

Bitcoin Diamond Price Prediction Today: Daily (BCD) Value Forecast – June 5

  • The coin is trading between the levels of $0.800 and $1.400.
  • However, a bullish break at the upper price range will propel the crypto to rally above $1.600 price level. On the other hand , a bearish break at the lower price range will depreciate the coin to a low at $0.600 price level.

BCD /USD Medium-term Trend: Ranging

  • Resistance Levels: $1.200, $1.400, $1.600
  • Support Levels: $1.00, $0.800, $0.600

Yesterday, June 4, the price of BCD was in a sideways trend. The coin is trading between the levels of $0.800 and $1.400. On April 4, the bulls tested the upper price range and were resisted. On May 9, the price fell to the $0.800 lower price range. On May 30, the bulls tested the upper price range and were resisted.

The price fell back to the range bound zone. In the interim, traders can trade a ranging cryptocurrency pending the time the crypto commences a bullish or bearish trend. A trader can initiate a short trade at the upper price range. Also, you can initiate a long trade at the lower price range. At maturity, short trades should be exited near the support zone.

Similarly, long trades should be exited near the resistance level. By so doing partial profits could be earned. However, a bullish break at the upper price range will propel the crypto to rally above $1.600 price level. On the other hand , a bearish break at the lower price will depreciate the coin to a low at $0.600 price level.

BCD/USD Short-term Trend: Bearish

On the 1-hour chart, the price of BCD is in a sideways trend zone. The 12-day EMA and the 26-day EMA are sloping horizontally. The crypto’s price is in a tight range between the levels of $1.3500 and $1.400.

On June 3, the bears broke out of the range bound movement. The crypto’s price fell to the support of $1.1500 price level. Meanwhile, the price of BCD is in the oversold region of the daily stochastic but above the 20% range. This means that price is in a bullish momentum and a buy signal.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

[Author Alert] The author’s opinions above are solely based on their own self-conducted research. Assume any and all authors are using, holding, trading and/or buying cryptoassets mentioned as a portion of his or her financial portfolio. Use information at your own risk, do you own research, never invest more than you are willing to lose.

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Author: Azeez M

Bitcoin’s Price and Crypto Market Heading Straight for “Full Blown” Level 10 FOMO: Fundstrat

Bitcoin-Market-Heading-Straight-for-Full-Blown-Level-10-FOMO-Fundstrat
  • Bitcoin FOMO past “baby” and medium” levels and heading for the last level at $10,000
  • “A price level only seen 3% of all days”

The last bull market that has Bitcoin going to $20,000 has been driven by FOMO “Fear of Missing Out” when Bitcoin started surging from less than $1000 at the beginning of 2017 to ending the year well above $19,000.

However, since then throughout the brutal winter of 2018, crypto market awareness and adoption grew while institutional investors also came rushing in. But FOMO still drives the BTC price to a certain extent.

According to Fundstrat, we are heading for level 10 that is full blown FOMO. At $6,950, we triggered the first level of FOMO termed “baby.” The “medium” that is at level 5 was hit when BTC price went approximately to $8,900 while in 2017 bull run this level was hit at $3,200.

While during the bull cycle of 2013-2017, the “full blown” FOMO was hit at $4,500, this time once we hit $10,000, we will reach the last level of FOMO that is expected to take us to the rally to new all-time highs (ATH).

Bitcoin bull and Fundstrat founder, Tom Lee explains,

“Actually the point of the chart is to say “real FOMO” probably starts when bitcoin exceeds $10,000 as that is a price level only seen 3% of all days.”

The $10,000 in the current Bitcoin market is mathematically equivalent to BTC exceeding $4,500 in 2017 that Lee says,

“was a level that indeed triggered FOMO.”

Recently, Lee had confirmed that crypto winter is over and shared 13 reasons to justify that. The points that make up these reasons include on chain transactions per day turning positive, Bitcoin Misery index crossing above 67 for the first time since August 2017, BTC price closing above 200 days first time since March 2018 and Bitcoin being bottomed out in December 2018 at $3,150.

Additionally, OTC volumes are surging, BTC printing a golden cross, and no effect of bad or negative news on the price of BItcoin among others like on chain activity and Grayscale Bitcoin Investment Trust premium are surging yet again, signaling we are out of the woods.

The strong Bitcoin market and the network indicate that we have entered a bull market. Currently, BTC/USD is trading at $8,750 with 24-hours gains of 0.41 percent.

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Author: AnTy