XLM Price Prediction for May 23
The post XLM Price Prediction for May 23 appeared on BitcoinEthereumNews.com. Bears are trying to seize the initiative after a few days of market growth, according to CoinStats. XLM chart by CoinStats XLM/USD The rate of XLM has gone down by 3.41% since yesterday. Image by TradingView On the hourly chart, the price of XLM has set local support at $0.2918. If sellers’ pressure continues and the daily bar closes far from that mark, the decline may lead to the test of the $0.2850 zone. Image by TradingView On the bigger time frame, the rate of XLM is going down after a false breakout of the formed resistance of $0.3079. You Might Also Like If the bar closes below yesterday’s candle’s low, traders may expect a test of the support level by the end of the week. Image by TradingView From the midterm point of view, one should pay attention to the candle’s closure in terms of the support of $0.2813. If the bar closes below it, the fall may continue to the $0.25 range. XLM is trading at $0.29 at press time. Source: https://u.today/xlm-price-prediction-for-may-23
The post XLM Price Prediction for May 23 appeared on BitcoinEthereumNews.com.
Bears are trying to seize the initiative after a few days of market growth, according to CoinStats. XLM chart by CoinStats XLM/USD The rate of XLM has gone down by 3.41% since yesterday. Image by TradingView On the hourly chart, the price of XLM has set local support at $0.2918. If sellers’ pressure continues and the daily bar closes far from that mark, the decline may lead to the test of the $0.2850 zone. Image by TradingView On the bigger time frame, the rate of XLM is going down after a false breakout of the formed resistance of $0.3079. You Might Also Like If the bar closes below yesterday’s candle’s low, traders may expect a test of the support level by the end of the week. Image by TradingView From the midterm point of view, one should pay attention to the candle’s closure in terms of the support of $0.2813. If the bar closes below it, the fall may continue to the $0.25 range. XLM is trading at $0.29 at press time. Source: https://u.today/xlm-price-prediction-for-may-23
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