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Stellar (XLM) Price Bullish Momentum Fades After 94% Weekly Gains Beincrypto 26 11월 2024

Stellar (XLM) Price Bullish Momentum Fades After 94% Weekly Gains 📉

Stellar XLM USA

Stellar (XLM) experienced a surge with a 94.07% weekly gain but has fallen over 10% in the last 24 hours. The price sits among the top 100 cryptocurrencies despite weakening bullish indicators like RSI and Ichimoku Cloud.

RSI, at 48.31, has dropped from levels indicating overbought conditions, suggesting reduced momentum. If this trend persists, key support at $0.099 might be tested, but recovery could push prices to $0.638 or even $0.70.

The Ichimoku Cloud indicates a bearish trend as XLM’s price dips below significant lines, though the cloud's structure remains bullish. A failure to climb above the Kijun-Sen and Tenkan-Sen may increase selling pressure.

The gap between short- and long-term EMA lines is narrowing, signaling possible sentiment shifts. Without renewed buying pressure, XLM’s price could drop substantially, though a recovery holds potential for significant upside.

출처: beincrypto.com ↗

비슷한 기사 (31)개

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