Stellar XLM/USD is trading at 0.61. 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 0.60 is expected, from which we should expect a rebound and an attempt to continue growth with the target of near 0.75. An additional signal in favor of the growth of the cryptocurrency will be a test of the lower boundary of the channel.
Stellar forecast & analysis XLM/USD on January 29, 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 Ichimoku Kinko Hyo with the closing of quotations below the area 0.44, which will indicate the change of the bullish trend in favor of the bearish trend. Expect an acceleration in the growth of quotations XLM/USD stands with a breakdown of 0.65.
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