Stellar XLM/USD is trading at 0.54. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Stellar. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the level of 0.52, from which we should expect a rebound and an attempt to continue growth with the aim of near 0.75. An additional signal in favor of the growth of the cryptocurrency is the formation of the reversal model «Head and Shoulders».
Stellar forecast & analysis XLM/USD on January 25, 2018
Earlier, a weak signal was received for buy of Stellar cryptocurrency, due to the crossing of signal lines at 0.50. Cancellation of the variant of growth of quotations Stellar will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 0.65, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations XLM/USD is with a breakdown level of 0.60.
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