{"id":107055,"date":"2021-01-04T11:38:36","date_gmt":"2021-01-04T11:38:36","guid":{"rendered":"https:\/\/precoinnews.com\/?p=107055"},"modified":"2021-01-04T11:38:36","modified_gmt":"2021-01-04T11:38:36","slug":"stellar-lumen-xlm-price-gaining-bullish-momentum-towards-0-17","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/altcoins\/stellar-lumen-xlm-price-gaining-bullish-momentum-towards-0-17\/","title":{"rendered":"Stellar Lumen (XLM) Price Gaining Bullish Momentum Towards $0.17"},"content":{"rendered":"

Stellar lumen price is gaining bullish momentum above $0.1400 against the US Dollar, while bitcoin holding gains. XLM price is likely to rally further towards the $0.1700 barrier in the near term.<\/em><\/p>\n

Stellar Lumen Price Analysis (XLM to USD)<\/h2>\n

This past week, stellar lumen price formed a strong support base above the $0.1220 level against the US Dollar. The XLM\/USD pair started a steady increase above the $0.1300 and $0.1350 level to continue higher.<\/p>\n

To start the recent increase, there was a break above a major bearish trend line with resistance near $0.1320 on the 4-hours chart. The pair is now trading above the $0.1400 resistance and the 55 simple moving average (4-hours).<\/p>\n

There was also a break above the 50% Fibonacci retracement level of the key downward move from the $0.1543 high to $0.1226 low. The current price action suggests chances of more upsides above $0.1500.<\/p>\n

The price is currently testing the 76.4% Fibonacci retracement level of the key downward move from the $0.1543 high to $0.1226 low. A clear break above the $0.1500 and $0.1550 levels may possibly increase the chances of a move above $0.1620 level.<\/p>\n

In the stated case, the price could even hit the $0.1700 level in the coming sessions. Any more upsides might call for a test of the $0.1800 level.<\/p>\n

Conversely, the price might start a downside correction from $0.1500 or $0.1550. An initial support on the downside is near the $0.1400 level. The next major support on the downside is near the $0.1350 level.<\/p>\n

<\/p>\n

Stellar Lumen (XLM) Price<\/p>\n

The chart indicates that XLM price is clearly gaining bullish momentum above $0.1400 and the 55 simple moving average (4-hours). Overall, the price is likely to continue higher towards the $0.1550 and $0.1700 resistance levels in the near term.<\/p>\n

Technical Indicators<\/h2>\n

4 hours MACD \u2013 The MACD for XLM\/USD is gaining momentum in the bullish zone.<\/p>\n

4 hours RSI – The RSI for XLM\/USD is currently well above the 50 level.<\/p>\n

Key Support Levels \u2013 $0.1400 and $0.1300.<\/p>\n

Key Resistance Levels \u2013 $0.1500, $0.1550 and $0.1700.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stellar lumen price is gaining bullish momentum<\/p>\n","protected":false},"author":3,"featured_media":107054,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[49],"tags":[],"yoast_head":"\nStellar Lumen (XLM) Price Gaining Bullish Momentum Towards $0.17 - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/altcoins\/stellar-lumen-xlm-price-gaining-bullish-momentum-towards-0-17\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stellar Lumen (XLM) Price Gaining Bullish Momentum Towards $0.17 - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Stellar lumen price is gaining bullish momentum\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/altcoins\/stellar-lumen-xlm-price-gaining-bullish-momentum-towards-0-17\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-04T11:38:36+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/01\/ccryptafotoStellar-Lumen-XLM.png\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/altcoins\/stellar-lumen-xlm-price-gaining-bullish-momentum-towards-0-17\/\",\"url\":\"https:\/\/precoinnews.com\/altcoins\/stellar-lumen-xlm-price-gaining-bullish-momentum-towards-0-17\/\",\"name\":\"Stellar Lumen (XLM) Price Gaining Bullish Momentum Towards $0.17 - 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