Stellar forecast & analysis XLM/USD on January 22, 2018


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Stellar XLM/USD is trading at the level of 0.51. The cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bearish trend in Stellar. The test is expected to test the lower boundary of the Cloud Ichimoku Kinko Hyo near the level of 0.58, from which it is expected to rebound and attempt to continue falling with the target close to 0.25.

Stellar forecast & analysis XLM/USD on January 22, 2018

Stellar forecast & analysis XLM/USD on January 22, 2018

Earlier, a weak signal was received for buy of Stellar cryptocurrency, due to the crossing of signal lines at 0.47. Cancellation of the variant of falling of quotations Stellar will become a breakdown of the upper boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations above the area of ​​0.65, which will indicate the change of the bearish trend in favor of the bullish trend. Expect the acceleration of the fall in quotes XLM/USD stands with a breakdown of 0.40.


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