Stellar (XLM) Price Analysis (April 19)

• The cryptocurrency is in a ranging market in the medium-term and uptrend in the short-term outlooks respectively.
• Patience is required at this period.

XLM/USD Medium-term Trend: Ranging
• Resistance Levels : $0.07, $0.08, $0.09
• Support Levels: $0.03, $0.02 $0.01

The crypto is in a range-bound market in its medium-term perspective. The bulls impulsive movement at $0.051 in the resistance area during yesterday’s session is lost as the bears return in a grand style.

A bearish candle at $0.050 in the support area opens today’s market. XLMUSD further drops to $0.049 in the support area as the bears take control of the market as at the time writing this article.

Price revolves around the two EMAs. The stochastic oscillator signal pointing in a parallel direction in the overbought region at 74% suggests indecision in the context of the market at the moment.

However, the price of the coin may likely encounter a trend reversal in the days ahead in the medium-term perspective.

XLM/USD Short-term Trend: Bullish


The coin is in a bullish trend market in its short-term outlook. The bull’s impulsive movement at $0.051 with its wick in the resistance area pushes the crypto into a bullish market during yesterday’s session.

Today’s 4-hourly session opens with a bearish pin bar at $0.050 in the support area. XLMUSD further drops to $0.049 in the support area.

Price is above the two EMAs which are fanned apart, this suggests strength in the context of the trend and in this case it’s an uptrend.

The stochastic oscillator signal pointing down at 78% in the overbought region is an indication that there may be a trend reversal in the market in the nearby days in the short-term.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

Read Original/a>
Author: Ben Jordan

Cardano (ADA) Price Analysis (February 23)

• The cryptocurrency is in a bullish trend in the medium-term and ranging in the short-term outlook respectively.
• Patience is required at this period.

ADA/USD Medium-term Trend: Bullish

• Resistance levels : $0.07, $0.08, $0.09
• Support levels: $0.03, $0.02, $0.01

The cryptocurrency is in a bullish trend in its medium-term outlook. The bears increase in momentum drops the price down to $0.057 in the support area during yesterday’s session.

A bearish spinning top hammer at $0.058 opens today’s daily session in the support area within the range.

ADAUSD further drops to $0.057 in the support area. Price revolves around the two EMAs.

The stochastic oscillator signal is pointing down at level 14% in the oversold region an indication of downward momentum in the price of the crypto also the price may encounter a trend reversal in the nearby days in the medium-term perspective.

ADA/USD Short-term Trend: Ranging

The coin is in a range-bound market in its short-term outlook. The drop to $0.057 in the support area pushes the cryptocurrency into a range bound-market during yesterday’s session.

The 4-hourly session today opens with a formation of an inverted bearish candle at $0.058 in the support area.

The coin is initially down at $0.058 in the support area. Price hovers around the two EMAs’ indication of the undefined trend in the short-term.

The stochastic signal is pointing up at level 62% indicates that a trend reversal may likely occur in the momentum in price of Cardano in the nearby days in the short-term.

ADAUSD is in consolidation and trading between $0.057 in the resistance area and $0.043 in the support area within the range. A breakout at the upper resistance area or a breakdown at the lower support area may occur hence patience is required to allow this to happen before a position is taken.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

Read Original/a>
Author: Ben Jordan

Stellar (XLM) Price Analysis (February 22)

• The cryptocurrency is in a bullish trend in the medium-term and ranging in the short-term outlook respectively.
• Patience is required at this period.

XLM/USD Medium-term Trend: Bullish
• Resistance Levels : $0.08, $0.09, $0.010
• Support Levels: $0.04, $0.03 $0.02

The coin is in a bullish trend zone in its medium-term outlook. The bulls lost momentum after an impulsive movement to $0.071 in the resistance area during yesterday’s session.

A bearish spinning top hammer at $0.071 opens today’s daily session in the support area within the range.

XLMUSD further drops to $0.069 in the support area. Price revolves around the two EMAs.

The stochastic oscillator signal is pointing down at level 16% in the oversold region an indication of downward momentum in the price of the crypto also the price may encounter a trend reversal in the nearby days in the medium-term perspective.

XLM/USD Short-term Trend: Ranging


The coin is in a range-bound market in its short-term outlook. The drop to $0.069 in the support area pushes the cryptocurrency into a range bound-market during yesterday’s session.

The 4-hourly session today opens with a formation of bullish doji candle at $0.07 in the resistance area.

The bears return gradually with an initial decrease to $0.069 in the support area. The bulls stage a return and increase price further to $0.071 in the resistance area within the range.

Price hovers around the two EMAs an indication of the undefined trend in the short- term.

However, the stochastic signal pointing up at around level 45% suggests that the price of Stellar may likely encounter a change in trend in the days ahead in the short-term.

XLMUSD is in consolidation and trading between $0.07 in the resistance area and $0.03 in the support area within the range. A breakout at the upper resistance area or a breakdown at the lower support area may occur hence patience is required to allow this to happen before a position is taken.

Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (bitcoinexchangeguide.com) holds any responsibility for your financial loss.

Read Original/a>
Author: Ben Jordan

ZILLIQA Price Prediction Today: Daily (ZIL) Value Forecast – July 31

zilliqa

• The short and medium-term outlook is in a range-bound market.
• Patience is required trading the consolidation.

Supply zone: $0.02500, $0.02600, $0.027000
Demand zone: $0.01600, $0.01500, $0.014000

ZILUSD remains in consolidation in the medium-term. The bulls maintained the momentum within the range as markets opened today at $0.01083. The rally got price initially at $0.01156 and later $0.01168, above the upper supply area of the range but the candle closed within the range.

The exhaustion denoted by wick at the supply area imply takeover of the market by the bears as price drops to $0.01056.

Price is below the two EMAs and the stochastic oscillator points down at 52% suggesting downward momentum in price within the range in the medium-term.

ZILUSD is in consolidation and trading between $0.01150 in the upper supply area and at $0.009500 in the lower demand area of the range. A breakout at the upper supply area or breakdown at the lower area may occur hence patience is required to allow this to happen before a position is taken.

ZIL/USD short-term Trend: Ranging

The cryptocurrency is in consolidation in its short-term outlook. The bulls broke the upper supply area and pushed the coin to $0.01154 shortly after today’s opening at $0.01073. The bulls pushed price further high after a minor correction the retested the broken upper supply area.

Price is below the two EMAs at $0.010865 and the stochastic oscillator signal points down at 20% suggesting a downward movement in price within the range in the short-term.

$0.001100 is the upper supply area while $0.001000 is the lower demand area. A breakdown or breakout in price may occur, hence patience should be exercised before taking a position after retest.

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.

Read Original/a>
Author: Azeez Mustapha