STELLAR - XLM/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	XLMUSD
ISIN:

STELLAR - XLM/USD - 1H - Technical analysis published on 01/14/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

44%

33%

22%

My opinion

Bearish under 0.122161 USD

My targets

0.118027 USD (-1.59%)

0.116001 USD (-3.28%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 0.122161 USD remains possible. It is advisable to trade STELLAR - XLM/USD with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 0.122161 USD. The next bearish objective for sellers is set at 0.118027 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.116001 USD. In case of crossing, the next objective would be the support located at 0.113448 USD. PS: if there is a bullish break in the resistance located at 0.122161 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.

Force

2.5

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 Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The STELLAR - XLM/USD price is 0.119932 USD. The price registered a decrease of -0.12% on the session with the lowest point at 0.118450 USD and the highest point at 0.120327 USD. The deviation from the price is +1.25% for the low point and -0.33% for the high point.

0.118450

0.120327

0.119932

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Near a new LOW record (1st january)

Type : Bearish

Timeframe : Weekly

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on STELLAR - XLM/USD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

A technical analysis in 1H of this STELLAR - XLM/USD chart shows a bearish trend. 67.86% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects bearish signals on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 50

Type : Bearish

Timeframe : 1 hour

Bearish trend reversal : adaptative moving average 20

Type : Bearish

Timeframe : 1 hour

Bearish price crossover with Moving Average 100

Type : Bearish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 8 are bullish, 4 are neutral and 6 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

RSI indicator is oversold : under 30

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 3

Type : Neutral

Timeframe : 1 hour

Aroon indicator bullish trend

Type : Bullish

Timeframe : 1 hour

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:

Support of channel is broken

Type : Bearish

Timeframe : 1 hour

There is also a Japanese candlestick pattern detected by Central Candlesticks that could mark the end of the current short-term trend:

Doji

Type : Neutral

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.116001	0.118027	0.119499	0.119932	0.122161	0.124171	0.126150
Change (%)	-3.28%	-1.59%	-0.36%	-	+1.86%	+3.53%	+5.18%
Change	-0.003931	-0.001905	-0.000433	-	+0.002229	+0.004239	+0.006218
Level	Minor	Intermediate	Intermediate	-	Minor	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
Standard	0.114996	0.116181	0.118128	0.119313	0.121260	0.122445	0.124392
Camarilla	0.119215	0.119502	0.119789	0.120076	0.120363	0.120650	0.120937
Woodie	0.115378	0.116372	0.118510	0.119504	0.121642	0.122636	0.124774
Fibonacci	0.116181	0.117377	0.118116	0.119313	0.120509	0.121248	0.122445

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.099351	0.105925	0.113001	0.119575	0.126651	0.133225	0.140301
Camarilla	0.116322	0.117574	0.118825	0.120076	0.121327	0.122579	0.123830
Woodie	0.099601	0.106051	0.113251	0.119701	0.126901	0.133351	0.140551
Fibonacci	0.105925	0.111140	0.114361	0.119575	0.124790	0.128011	0.133225

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.095165	0.105664	0.117362	0.127861	0.139559	0.150058	0.161756
Camarilla	0.122956	0.124991	0.127025	0.129060	0.131095	0.133130	0.135164
Woodie	0.095765	0.105964	0.117962	0.128161	0.140159	0.150358	0.162356
Fibonacci	0.105664	0.114143	0.119382	0.127861	0.136340	0.141579	0.150058

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):	46.57
MACD (12,26,9):	-0.0001
Directional Movement:	-8.628904
AROON (14):	42.857143
DEMA (21):	0.119634
Parabolic SAR (0,02-0,02-0,2):	0.118728
Elder Ray (13):	-0.000159
Super Trend (3,10):	0.121009
Zig ZAG (10):	0.119552
VORTEX (21):	1.0221
Stochastique (14,3,5):	62.92
TEMA (21):	0.119803
Williams %R (14):	-43.37
Chande Momentum Oscillator (20):	0.000039
Repulse (5,40,3):	-0.3380
ROCnROLL:	2
TRIX (15,9):	-0.0129
Courbe Coppock:	0.26

MA7:	0.119878
MA20:	0.124152
MA50:	0.124042
MA100:	0.119914
MAexp7:	0.119756
MAexp20:	0.119782
MAexp50:	0.120070
MAexp100:	0.120071
Price / MA7:	+0.05%
Price / MA20:	-3.40%
Price / MA50:	-3.31%
Price / MA100:	+0.02%
Price / MAexp7:	+0.15%
Price / MAexp20:	+0.13%
Price / MAexp50:	-0.11%
Price / MAexp100:	-0.12%

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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Londinia AI

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