Stellar Lumens $XLM Forecast: Thursday Edition: Split Decision
October 25 2018 19:49 UTC
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Moving Averages:Buy > Buy (7) Sell (5)
Technical Indicators:BUY > Buy (4) Sell (1)"
Stellar Lumens $XLM Forecast
on Thursday October 25 2018 19:49 UTC
The crypto pundits say: “bearish/bullish/neutral/”.
It’s hard to find three recent published technical analyses on Stellar Lumens $XLM. The lower the marketcap the less chance of finding something useful. Today’s experts include a brief @coinspeaker analysis, investing.com’s automated (daily) analysis, and a “Stellar Lumen (XLM) price analysis” from xbt.net which is a third and recent source – but no price forecast nor opinion.
On the Binance one day chart $XLM/USDT has been trending down for the last six days. We saw a huge dip on October 10 2018, with partial recovery through to October 17 2018. From there on in its a gradual slide downward. $XLM peaked recently at $00.30462 on September 22. It’s also seen a September 09 low of just eighteen cents.
The four hour Relative Strength Index (RSI) is undersold and sitting at 40.87. The MACD (Binance default) has been in the green for six days on the daily chart but the upwards pressure is nominal.
Bitcoin is at $6551.07 on Bitfinex – and it could be a more of an influence than any apparent intrinsic $XLM trading characteristic.
[legal disclaimer] Just one news report can invalidate a technical analysis.
The author does not hold Stellar Lumens $XLM at the time of writing.
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This report was generated on Thursday October 25 2018 19:49 hours UTC.
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