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 - 1H - Technical analysis published on 10/31/2023 (GMT)

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

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Summary of the analysis

Trends
Short term: Neutral
Underlying: Bullish
Technical indicators
50%
22%
28%
My opinion
Bullish above 0.116757 USD
My targets
0.120412 USD (+1.68%)
0.126662 USD (+6.96%)
My analysis
Has the basic bullish 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 bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.116757 USD remains possible. It is advisable to trade STELLAR - XLM/USD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.116757 USD. The next bullish objective for buyers is set at 0.120412 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.126662 USD. If there is any crossing, the next objective would be the resistance located at 0.133729 USD. PS: if there is a bearish break in the support located at 0.116757 USD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
4.8

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. Daily Weekly

Additional analysis

Quotes

The STELLAR - XLM/USD price is 0.118425 USD. On the day, this instrument lost -0.46% and was traded between 0.115663 USD and 0.124815 USD over the period. The price is currently at +2.39% from its lowest and -5.12% from its highest.

0.115663
0.124815
0.118425

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 study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 1H chart of STELLAR - XLM/USD indicates that the overall trend is bullish. 78.57% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back under 50

Type : Bearish

Timeframe : 1 hour


Price is back over the pivot point

Type : Bullish

Timeframe : Weekly


Williams %R indicator is back under -50

Type : Bearish

Timeframe : 1 hour



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : 1 hour



Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:

Central Candlesticks

Bearish engulfing lines

Type : Bearish

Timeframe : 1 hour




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.110706 0.113363 0.116757 0.118425 0.118799 0.120412 0.133729
Change (%) -6.52% -4.27% -1.41% - +0.32% +1.68% +12.92%
Change -0.007719 -0.005062 -0.001668 - +0.000374 +0.001987 +0.015304
Level Minor Major Major - Minor Intermediate Intermediate



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.1102780.1124480.1157110.1178810.1211440.1233140.126577
Camarilla0.1174800.1179780.1184760.1189740.1194720.1199700.120468
Woodie0.1108250.1127210.1162580.1181540.1216910.1235870.127124
Fibonacci0.1124480.1145230.1158060.1178810.1199560.1212390.123314


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0950910.1014480.1076980.1140550.1203050.1266620.132912
Camarilla0.1104810.1116370.1127920.1139480.1151040.1162590.117415
Woodie0.0950380.1014210.1076450.1140280.1202520.1266350.132859
Fibonacci0.1014480.1062640.1092390.1140550.1188710.1218460.126662


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0837200.0973080.1047830.1183710.1258460.1394340.146909
Camarilla0.1064650.1083960.1103260.1122570.1141880.1161190.118049
Woodie0.0806630.0957800.1017260.1168430.1227890.1379060.143852
Fibonacci0.0973080.1053540.1103250.1183710.1264170.1313880.139434

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): 58.54
MACD (12,26,9): 0.0009
Directional Movement: 15.991753
AROON (14): 28.571429
DEMA (21): 0.120385
Parabolic SAR (0,02-0,02-0,2): 0.117560
Elder Ray (13): 0.000621
Super Trend (3,10): 0.117815
Zig ZAG (10): 0.119852
VORTEX (21): 1.0404
Stochastique (14,3,5): 49.73
TEMA (21): 0.120381
Williams %R (14): -58.12
Chande Momentum Oscillator (20): 0.001460
Repulse (5,40,3): -1.2852
ROCnROLL: -1
TRIX (15,9): 0.0824
Courbe Coppock: 1.50
MA7: 0.115344
MA20: 0.110271
MA50: 0.112496
MA100: 0.122683
MAexp7: 0.119997
MAexp20: 0.119228
MAexp50: 0.117790
MAexp100: 0.116316
Price / MA7: +2.67%
Price / MA20: +7.39%
Price / MA50: +5.27%
Price / MA100: -3.47%
Price / MAexp7: -1.31%
Price / MAexp20: -0.67%
Price / MAexp50: +0.54%
Price / MAexp100: +1.81%

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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