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 11/29/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 0.531399 USD

My targets

0.589611 USD (+7.75%)

0.636777 USD (+16.37%)

My analysis

STELLAR - XLM/USD is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 0.531399 USD. The next resistance located at 0.589611 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 0.636777 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

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 rating is 0.547191 USD. On the day, this instrument gained +9.34% and was traded between 0.487272 USD and 0.548445 USD over the period. The price is currently at +12.30% from its lowest and -0.23% from its highest.

0.487272

0.548445

0.547191

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

Bearish opening

Type : Bearish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

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 strongly bullish trend. The signals given by the moving averages are 82.14% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Moving Average bullish crossovers : MA20 & MA50

Type : Bullish

Timeframe : 1 hour

The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : 1 hour

The analysis of the price chart with Central Patterns scanners does not return any result.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	0.463634	0.499010	0.531399	0.547191	0.589611	0.636777
Change (%)	-15.27%	-8.81%	-2.89%	-	+7.75%	+16.37%
Change	-0.083557	-0.048181	-0.015792	-	+0.042420	+0.089586
Level	Major	Minor	Intermediate	-	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	0.434281	0.448968	0.474701	0.489388	0.515121	0.529808	0.555541
Camarilla	0.489320	0.493025	0.496730	0.500435	0.504140	0.507845	0.511551
Woodie	0.439805	0.451730	0.480225	0.492150	0.520645	0.532570	0.561065
Fibonacci	0.448968	0.464408	0.473947	0.489388	0.504828	0.514367	0.529808

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.070387	0.059365	0.289233	0.418985	0.648853	0.778605	1.008473
Camarilla	0.420206	0.453171	0.486136	0.519101	0.552066	0.585031	0.617997
Woodie	-0.020329	0.084394	0.339291	0.444014	0.698911	0.803634	1.058531
Fibonacci	0.059365	0.196740	0.281610	0.418985	0.556360	0.641230	0.778605

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.080974	0.085321	0.088822	0.093169	0.096670	0.101017	0.104518
Camarilla	0.090166	0.090885	0.091605	0.092324	0.093043	0.093763	0.094482
Woodie	0.080552	0.085110	0.088400	0.092958	0.096248	0.100806	0.104096
Fibonacci	0.085321	0.088319	0.090171	0.093169	0.096167	0.098019	0.101017

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):	67.61
MACD (12,26,9):	0.0105
Directional Movement:	34.584528
AROON (14):	100.000000
DEMA (21):	0.513499
Parabolic SAR (0,02-0,02-0,2):	0.507228
Elder Ray (13):	0.021509
Super Trend (3,10):	0.484323
Zig ZAG (10):	0.542410
VORTEX (21):	1.1675
Stochastique (14,3,5):	76.21
TEMA (21):	0.522766
Williams %R (14):	-0.93
Chande Momentum Oscillator (20):	0.054434
Repulse (5,40,3):	7.3988
ROCnROLL:	1
TRIX (15,9):	0.1749
Courbe Coppock:	14.72

MA7:	0.500385
MA20:	0.299002
MA50:	0.176532
MA100:	0.135539
MAexp7:	0.516937
MAexp20:	0.500760
MAexp50:	0.490366
MAexp100:	0.478224
Price / MA7:	+9.35%
Price / MA20:	+83.01%
Price / MA50:	+209.97%
Price / MA100:	+303.71%
Price / MAexp7:	+5.85%
Price / MAexp20:	+9.27%
Price / MAexp50:	+11.59%
Price / MAexp100:	+14.42%

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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