Stellar forecast & analysis XLM/USD on January 6, 2018


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Stellar XLM/USD is trading at the level of 0.70. The cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Stellar. Ichimoku Kinko Hyo Cloud is expected to test near the 0.60 level, from which it is expected to rebound and attempt to continue the fall with a target near 1.00.

Stellar forecast & analysis XLM/USD on January 6, 2018

Stellar forecast & analysis XLM/USD on January 6, 2018

Earlier, a strong signal was received for buy of Stellar cryptocurrency, due to the crossing of signal lines at the level of 0.2250. 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 ​​0.50, 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 is with a breakdown level of 0.85.


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