STELLAR - XLM/USD

- USD (-)

- Real time data - Cryptocompare

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Change:	-
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Type:	Cryptocurrencies
Ticker:	XLMUSD
ISIN:

STELLAR - XLM/USD - 1H - Technical analysis published on 12/03/2024 (GMT)

Londinia

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Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

28%

22%

50%

My opinion

Bullish above 0.525963 USD

My targets

0.561041 USD (+4.30%)

0.585300 USD (+8.81%)

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 0.525963 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 0.525963 USD. The next bullish objective for buyers is set at 0.561041 USD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.585300 USD. If there is any crossing, the next objective would be the resistance located at 0.600136 USD. PS: if there is a bearish break in the support located at 0.525963 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.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

2.7

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 price is 0.537925 USD. On the day, this instrument lost -0.16% and was traded between 0.519583 USD and 0.597089 USD over the period. The price is currently at +3.53% from its lowest and -9.91% from its highest.

0.519583

0.597089

0.537925

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend 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 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 bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Bearish trend reversal : Moving Average 20

Type : Bearish

Timeframe : 1 hour

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 9 are neutral and 4 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

MACD crosses DOWN its Moving Average

Type : Bearish

Timeframe : 1 hour

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : 1 hour

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

Near support of channel

Type : Bullish

Timeframe : 1 hour

The presence of these bullish Japanese candlestick patterns detected by Central Candlesticks that could cause a very short term rebound were also noted:

Bullish harami

Type : Bullish

Timeframe : 1 hour

Bullish harami cross

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.463271	0.498384	0.537588	0.537925	0.561041	0.585300	0.600136
Change (%)	-13.88%	-7.35%	-0.06%	-	+4.30%	+8.81%	+11.56%
Change	-0.074654	-0.039541	-0.000337	-	+0.023116	+0.047375	+0.062211
Level	Minor	Intermediate	Major	-	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	0.389564	0.443944	0.491375	0.545755	0.593186	0.647566	0.694997
Camarilla	0.510807	0.520140	0.529472	0.538805	0.548138	0.557470	0.566803
Woodie	0.386089	0.442207	0.487900	0.544018	0.589711	0.645829	0.691522
Fibonacci	0.443944	0.482836	0.506864	0.545755	0.584647	0.608675	0.647566

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.195243	0.306057	0.415149	0.525963	0.635055	0.745869	0.854961
Camarilla	0.463767	0.483925	0.504083	0.524241	0.544399	0.564557	0.584715
Woodie	0.194382	0.305627	0.414288	0.525533	0.634194	0.745439	0.854100
Fibonacci	0.306057	0.390061	0.441959	0.525963	0.609967	0.661865	0.745869

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.350620	-0.130634	0.196804	0.416790	0.744228	0.964214	1.291652
Camarilla	0.373699	0.423880	0.474061	0.524241	0.574422	0.624602	0.674783
Woodie	-0.296895	-0.103771	0.250529	0.443653	0.797953	0.991077	1.345377
Fibonacci	-0.130634	0.078482	0.207674	0.416790	0.625906	0.755098	0.964214

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):	49.74
MACD (12,26,9):	0.0019
Directional Movement:	13.193641
AROON (14):	14.285714
DEMA (21):	0.541875
Parabolic SAR (0,02-0,02-0,2):	0.528431
Elder Ray (13):	-0.002416
Super Trend (3,10):	0.512433
Zig ZAG (10):	0.538104
VORTEX (21):	1.0260
Stochastique (14,3,5):	27.05
TEMA (21):	0.541329
Williams %R (14):	-76.16
Chande Momentum Oscillator (20):	-0.000779
Repulse (5,40,3):	-0.7753
ROCnROLL:	-1
TRIX (15,9):	0.0607
Courbe Coppock:	0.69

MA7:	0.527706
MA20:	0.383829
MA50:	0.212746
MA100:	0.153230
MAexp7:	0.540677
MAexp20:	0.539056
MAexp50:	0.534282
MAexp100:	0.526455
Price / MA7:	+1.94%
Price / MA20:	+40.15%
Price / MA50:	+152.85%
Price / MA100:	+251.06%
Price / MAexp7:	-0.51%
Price / MAexp20:	-0.21%
Price / MAexp50:	+0.68%
Price / MAexp100:	+2.18%

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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Londinia AI

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