STELLAR - XLM/USD
STELLAR - XLM/USD
- USD (-)
- Real time data - CoinMarketCap
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Type: Cryptocurrencies
Ticker: XLMUSD
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STELLAR - XLM/USD - Daily - Technical analysis published on 04/28/2023 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : LEVEL MAINTAINED

Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Neutral
Technical indicators
28%
44%
28%
My opinion
Bearish under 0.103700 USD
My targets
0.082741 USD (-12.10%)
0.077117 USD (-18.07%)
My analysis
The strong short-term decrease of STELLAR - XLM/USD should quickly allow the basic trend to become bearish. As long as the price remains below the resistance located at 0.103700 USD, a sale could be considered. The first bearish objective is located at 0.082741 USD. The bearish momentum would be boosted by a support break. Sellers could then target the support located at 0.077117 USD. If there is any crossing, the next objective would be support 0.070778 USD. Caution, if there is a return to above 0.103700 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
2.3

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

Additional analysis

Quotes

The STELLAR - XLM/USD price is 0.094131 USD. On the day, this instrument lost -0.22% and was traded between 0.093695 USD and 0.095845 USD over the period. The price is currently at +0.47% from its lowest and -1.79% from its highest.

0.093695
0.095845
0.094131

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

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by STELLAR - XLM/USD:
The Central Records scanner, which identifies the highest / lowest, has detected an element:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



Technical


Technical analysis of STELLAR - XLM/USD in Daily shows a neutral overall trend. This indecision could turn into a bearish trend due to the strong bearish signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 5 are neutral and 8 are bearish. Caution: the Central Indicators scanner currently detects an excess:

Central Indicators

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

The Central Indicators scanner found this result concerning these indicators:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily



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

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Daily



The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Central Candlesticks

Bearish harami

Type : Bearish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.070778 0.077117 0.082741 0.094131 0.094641 0.103700 0.107472
Change (%) -24.81% -18.07% -12.10% - +0.54% +10.17% +14.17%
Change -0.023353 -0.017014 -0.011390 - +0.000510 +0.009569 +0.013341
Level Major Minor Intermediate - 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
Standard0.0909260.0918310.0930830.0939880.0952400.0961450.097397
Camarilla0.0937410.0939390.0941360.0943340.0945320.0947300.094927
Woodie0.0910990.0919180.0932560.0940750.0954130.0962320.097570
Fibonacci0.0918310.0926550.0931640.0939880.0948120.0953210.096145


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0732270.0826310.0890980.0985020.1049690.1143730.120840
Camarilla0.0912020.0926560.0941110.0955660.0970210.0984760.099931
Woodie0.0717600.0818970.0876310.0977680.1035020.1136390.119373
Fibonacci0.0826310.0886930.0924390.0985020.1045640.1083100.114373


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0489190.0618270.0870020.0999100.1250850.1379930.163168
Camarilla0.1017050.1051960.1086870.1121780.1156690.1191600.122651
Woodie0.0550540.0648940.0931370.1029770.1312200.1410600.169303
Fibonacci0.0618270.0763740.0853620.0999100.1144570.1234450.137993

Numerical data


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

Technical indicators
Moving averages

RSI (14): 40.87
MACD (12,26,9): -0.0018
Directional Movement: -3.076725
AROON (14): -85.714286
DEMA (21): 0.096390
Parabolic SAR (0,02-0,02-0,2): 0.096949
Elder Ray (13): -0.001916
Super Trend (3,10): 0.105127
Zig ZAG (10): 0.093932
VORTEX (21): 0.8545
Stochastique (14,3,5): 16.05
TEMA (21): 0.092954
Williams %R (14): -83.22
Chande Momentum Oscillator (20): -0.013535
Repulse (5,40,3): -1.0371
ROCnROLL: 2
TRIX (15,9): -0.0729
Courbe Coppock: 21.29
MA7: 0.094338
MA20: 0.100101
MA50: 0.096939
MA100: 0.092974
MAexp7: 0.094873
MAexp20: 0.097918
MAexp50: 0.097016
MAexp100: 0.094612
Price / MA7: -0.22%
Price / MA20: -5.96%
Price / MA50: -2.90%
Price / MA100: +1.24%
Price / MAexp7: -0.78%
Price / MAexp20: -3.87%
Price / MAexp50: -2.97%
Price / MAexp100: -0.51%

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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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…

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