STELLAR - XLM/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Cryptocurrencies
Ticker:	XLMUSD
ISIN:

STELLAR - XLM/USD - Weekly - Technical analysis published on 10/07/2021 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

61%

11%

28%

My opinion

Bullish above 0.321803 USD

My targets

0.498107 USD (+40.09%)

0.565479 USD (+59.04%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on STELLAR - XLM/USD as long as the price remains well above 0.321803 USD. The buyers' bullish objective is set at 0.498107 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.565479 USD. If there is any crossing, the next objective would be the resistance located at 0.655374 USD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

6.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by alphakarl. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

STELLAR - XLM/USD rating 0.355551 USD. The price registered an increase of +18.36% over 5 days and has been traded over the last 5 days between 0.296406 USD and 0.322854 USD. This implies that the 5 day price is +19.95% from its lowest point and +10.13% from its highest point.

0.296406

0.322854

0.355551

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

Here is a more detailed summary of the historical variations registered by STELLAR - XLM/USD:

Technical

Technical analysis of this Weekly chart of STELLAR - XLM/USD indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. An assessment of moving averages reveals several bearish and bullish signals:

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : Weekly

Moving Average bearish crossovers : AMA20 & AMA50

Type : Bearish

Timeframe : Weekly

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Weekly

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : Weekly

In fact, 11 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

MACD indicator: bullish divergence

Type : Bullish

Timeframe : Weekly

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Weekly

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.085281	0.141121	0.210679	0.355551	0.361862	0.565479	0.655374
Change (%)	-76.01%	-60.31%	-40.75%	-	+1.77%	+59.04%	+84.33%
Change	-0.270270	-0.214430	-0.144872	-	+0.006311	+0.209928	+0.299823
Level	Minor	Minor	Major	-	Minor	Intermediate	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.262045	0.284024	0.320216	0.342195	0.378387	0.400366	0.436558
Camarilla	0.340411	0.345743	0.351076	0.356408	0.361740	0.367073	0.372405
Woodie	0.269152	0.287577	0.327323	0.345748	0.385494	0.403919	0.443665
Fibonacci	0.284024	0.306245	0.319974	0.342195	0.364416	0.378145	0.400366

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.201236	0.228185	0.272530	0.299479	0.343824	0.370773	0.415118
Camarilla	0.297270	0.303805	0.310341	0.316876	0.323411	0.329947	0.336482
Woodie	0.209935	0.232534	0.281229	0.303828	0.352523	0.375122	0.423817
Fibonacci	0.228185	0.255419	0.272244	0.299479	0.326713	0.343538	0.370773

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.035864	0.145499	0.212168	0.321803	0.388472	0.498107	0.564776
Camarilla	0.230354	0.246516	0.262677	0.278838	0.294999	0.311160	0.327322
Woodie	0.014382	0.134758	0.190686	0.311062	0.366990	0.487366	0.543294
Fibonacci	0.145499	0.212847	0.254455	0.321803	0.389151	0.430759	0.498107

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	52.18
MACD (12,26,9):	-0.0055
Directional Movement:	4.378502
AROON (14):	50.000002
DEMA (21):	0.332064
Parabolic SAR (0,02-0,02-0,2):	0.395735
Elder Ray (13):	0.001537
Super Trend (3,10):	0.550475
Zig ZAG (10):	0.358593
VORTEX (21):	0.8724
Stochastique (14,3,5):	51.10
TEMA (21):	0.305874
Williams %R (14):	-31.48
Chande Momentum Oscillator (20):	0.125762
Repulse (5,40,3):	18.4625
ROCnROLL:	1
TRIX (15,9):	-0.3343
Courbe Coppock:	26.60

MA7:	0.324860
MA20:	0.298105
MA50:	0.329734
MA100:	0.303223
MAexp7:	0.328801
MAexp20:	0.336640
MAexp50:	0.308826
MAexp100:	0.249114
Price / MA7:	+9.45%
Price / MA20:	+19.27%
Price / MA50:	+7.83%
Price / MA100:	+17.26%
Price / MAexp7:	+8.14%
Price / MAexp20:	+5.62%
Price / MAexp50:	+15.13%
Price / MAexp100:	+42.73%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

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