{"id":160953,"date":"2022-07-25T09:03:11","date_gmt":"2022-07-25T09:03:11","guid":{"rendered":"https:\/\/precoinnews.com\/?p=160953"},"modified":"2022-07-25T09:03:11","modified_gmt":"2022-07-25T09:03:11","slug":"stellar-lumen-xlm-price-could-gain-pace-if-it-clears-0-12","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/stellar-lumen-xlm-price-could-gain-pace-if-it-clears-0-12\/","title":{"rendered":"Stellar Lumen (XLM) Price Could Gain Pace If It Clears $0.12"},"content":{"rendered":"

Stellar lumen price is trading above $0.1080 against the US Dollar, similar to bitcoin. XLM price must stay above the $0.1080 support to rise further.<\/em><\/p>\n

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

After forming a base above the $0.1000 level, stellar lumen price started a fresh increase against the US Dollar. The XLM\/USD pair broke the $0.1050 resistance zone to move into a positive zone.<\/p>\n

The price even broke the $0.1120 resistance and the 55 simple moving average (4-hours). However, the price failed to surpass the $0.1200 resistance zone. A high was formed near $0.1208 and the price is now correcting lower.<\/p>\n

There was a move below the $0.1150 support zone. The price declined below the 23.6% Fib retracement level of the recent increase from the $0.0987 swing low to $0.1208 high.<\/p>\n

The price is now trading below $0.1120 and the 55 simple moving average (4-hours). Besides, there was a break below a key bullish trend line with support near $0.1120 on the 4-hours chart. XLM is now testing the $0.1100 support zone.<\/p>\n

The price is holding the 50% Fib retracement level of the recent increase from the $0.0987 swing low to $0.1208 high. An initial support on the downside is near the $0.1100 level. The main support is near the $0.1080 zone. Any more losses could lead the price towards the $0.1000 level in the near term, below which the price might even retest $0.0950.<\/p>\n

On the upside, the price is facing resistance near the $0.1130 zone. The next major resistance is near the $0.1160 level. A clear move above the $0.1160 level might send the price towards the $0.1200 level. Any more gains could lead the price towards the $0.1320 level.<\/p>\n

<\/p>\n

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

The chart indicates that XLM price is now trading below $0.1150 and the 55 simple moving average (4-hours). Overall, the price could continue to decline heavily if there is a move below the $0.1080 support zone.<\/p>\n

Technical Indicators<\/h2>\n

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

4 hours RSI – The RSI for XLM\/USD is now below the 50 level.<\/p>\n

Key Support Levels \u2013 $0.1100 and $0.1080.<\/p>\n

Key Resistance Levels \u2013 $0.1135, $0.1200 and $0.1300.<\/p>\n

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

Stellar lumen price is trading above $0.1080<\/p>\n","protected":false},"author":3,"featured_media":160952,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nStellar Lumen (XLM) Price Could Gain Pace If It Clears $0.12 - 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\/crypto\/stellar-lumen-xlm-price-could-gain-pace-if-it-clears-0-12\/\" \/>\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 Could Gain Pace If It Clears $0.12 - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Stellar lumen price is trading above $0.1080\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/crypto\/stellar-lumen-xlm-price-could-gain-pace-if-it-clears-0-12\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-25T09:03:11+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\/2022\/07\/Stellar-Lumen-XLM-Price-Could-Gain-Pace-If-It-Clears-0.12-.jpg\" \/>\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\/crypto\/stellar-lumen-xlm-price-could-gain-pace-if-it-clears-0-12\/\",\"url\":\"https:\/\/precoinnews.com\/crypto\/stellar-lumen-xlm-price-could-gain-pace-if-it-clears-0-12\/\",\"name\":\"Stellar Lumen (XLM) Price Could Gain Pace If It Clears $0.12 - 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