Stellar’s uptrend must hold above the support at $0.41 to ensure that bulls focus on breaking the resistance at $0.55 and $0.65 and set the pace for the much-anticipated run-up to all-time highs.
Despite the rally in February, XLM is not yet overbought, according to the Relative Strength Index on the 12-hour chart. In other words, the cross-border token has room for growth, perhaps until it rises higher than the first key hurdle at $0.55.
The parabolic SAR points are below the price on the 4-hour chart, reinforcing the bullish outlook. As long as Stellar remains above these key trend indicator points, the uptrend toward $1.05 will be unrelenting.
https://www.fxstreet.com/cryptocurrencies/news/xlm-price-prediction-stellar-engages-thrust-boosters-eyeing-all-time-highs-202102110502
Now, the Stellar lumens price has continued to rise and is being supported by the short and longer-term moving averages and the MACD. Also, the Relative Strength Index (RSI) has moved above the overbought level of 74. But it is not yet extremely overbought.
https://www.investingcube.com/stellar-price-prediction-xlm-rally-has-more-room-to-run-cryptocurrencies/
https://finance.yahoo.com/quote/XLM-USD/community?p=XLM-USD
#XLM #StellarLumens #CryptoCurrency
This is entertainment! this is not financial advice!
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