Stellar XLM/USD is trading at 0.37. 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 0.36 is expected, from which we should expect a rebound and an attempt to continue growth with the target close to 0.45.
Stellar forecast & analysis XLM/USD April 21, 2018
In favor of the growth of quotations of the cryptocurrency, a test of the lower boundary of the bullish channel will perform. Earlier, the average strength 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 0.30, which will indicate a change in the bullish trend in favor of a bearish trend. Expect an acceleration in the growth of quotations XLM/USD stands with the breakdown of the resistance area and the closing above the level of 0.39.
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