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Stellar (XLM) Confirms MA200 As Support, Bullish...
Stellar / Bitcoin
Stellar (XLM) Confirms MA200 As Support, Bullish...
By AlanSantana
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May 31, 2020
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May 31, 2020
Stellar (XLMBTC) is trading within a broadening channel and just recently confirmed MA200 (black line) as support.
This can lead to additional growth.
The trading volume, green, and chart structure are also bullish.
The MACD is curving while moving back above zero.
The RSI is strong hitting 59 while trending higher.
All these signals are pointing to additional growth.
If the same pattern repeats, we are looking at a higher high on the next jump.
Namaste.
----------
May 20 | Stellar Hits Potential Reversal Zone
Apr 20 | Stellar (XLM) Goes Bullish, First Target Hit (Trade Inside)
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