STELLAR - XLM/USD
STELLAR - XLM/USD
- USD (-)
- Real time data - Cryptocompare
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Cryptocurrencies
Ticker: XLMUSD
ISIN:

STELLAR - XLM/USD - Daily - Technical analysis published on 11/08/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
50%
11%
39%
My opinion
Bullish above 0.361862 USD
My targets
0.423764 USD (+12.92%)
0.503047 USD (+34.05%)
My analysis
The bullish trend is currently very strong on STELLAR - XLM/USD. As long as the price remains above the support at 0.361862 USD, you could try to benefit from the boom. The first bullish objective is located at 0.423764 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.503047 USD as an objective. Crossing it would then enable buyers to target 0.565479 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
7.3

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 Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
15 min. 1H Weekly

Additional analysis

Quotes

The STELLAR - XLM/USD price is 0.375270 USD. The price registered an increase of +3.28% on the session with the lowest point at 0.362784 USD and the highest point at 0.375585 USD. The deviation from the price is +3.44% for the low point and -0.08% for the high point.

0.362784
0.375585
0.375270

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

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


A technical analysis in Daily of this STELLAR - XLM/USD chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, only 9 technical indicators out of 18 studied are currently positioned bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily


RSI indicator is back over 50

Type : Bullish

Timeframe : Daily



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near resistance of triangle

Type : Bearish

Timeframe : Daily



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.210679 0.256721 0.361862 0.375270 0.423764 0.503047 0.565479
Change (%) -43.86% -31.59% -3.57% - +12.92% +34.05% +50.69%
Change -0.164591 -0.118549 -0.013408 - +0.048494 +0.127777 +0.190209
Level Major Intermediate Major - Major Minor 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
Standard0.3497120.3534080.3583800.3620760.3670480.3707440.375716
Camarilla0.3609690.3617640.3625580.3633530.3641480.3649420.365737
Woodie0.3503510.3537270.3590190.3623950.3676870.3710630.376355
Fibonacci0.3534080.3567190.3587650.3620760.3653870.3674330.370744


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2922730.3213880.3404180.3695330.3885630.4176780.436708
Camarilla0.3462080.3506210.3550350.3594480.3638610.3682750.372688
Woodie0.2872310.3188670.3353760.3670120.3835210.4151570.431666
Fibonacci0.3213880.3397790.3511420.3695330.3879240.3992870.417678


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1484080.2120520.2924790.3561230.4365500.5001940.580621
Camarilla0.3332880.3464940.3597010.3729070.3861140.3993200.412527
Woodie0.1568010.2162480.3008720.3603190.4449430.5043900.589014
Fibonacci0.2120520.2670870.3010880.3561230.4111580.4451590.500194

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 53.94
MACD (12,26,9): 0.0047
Directional Movement: 8.707222
AROON (14): 49.999999
DEMA (21): 0.373088
Parabolic SAR (0,02-0,02-0,2): 0.322964
Elder Ray (13): 0.001831
Super Trend (3,10): 0.311469
Zig ZAG (10): 0.374535
VORTEX (21): 0.9667
Stochastique (14,3,5): 60.97
TEMA (21): 0.369946
Williams %R (14): -28.03
Chande Momentum Oscillator (20): 0.044516
Repulse (5,40,3): 3.7711
ROCnROLL: 1
TRIX (15,9): 0.2849
Courbe Coppock: 0.87
MA7: 0.370777
MA20: 0.368820
MA50: 0.340249
MA100: 0.339154
MAexp7: 0.368174
MAexp20: 0.365367
MAexp50: 0.352692
MAexp100: 0.345263
Price / MA7: +1.21%
Price / MA20: +1.75%
Price / MA50: +10.29%
Price / MA100: +10.65%
Price / MAexp7: +1.93%
Price / MAexp20: +2.71%
Price / MAexp50: +6.40%
Price / MAexp100: +8.69%

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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