Stellar XLM/USD is trading at 0.30. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Stellar. The test area of Ichimoku Kinko Hyo signal lines near the level of 0.28 is expected, from which we should expect a rebound and an attempt to continue growth with the target close to 0.35.
Stellar forecast & analysis XLM/USD April 18, 2018
In support of the growth of the cryptocurrency quotations, a support level test will perform, as well as a test of the lower boundary of the channel. Earlier, the average strength signal was obtained for buy of Stellar, due to the crossing of signal lines at 0.20.
Cancellation of the variant of growth of quotations Stellar will be a breakdown of the lower boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotations below the area of 0.25, which will indicate the change of the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XLM/USD stands with the breakdown of the resistance area and closing above the level of 0.31.
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