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May 25, 2019
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stellar

Stellar: Price Analysis, October 31

XLM/USD

Stellar has broken down of the moving averages. It can now correct to the next support zone of $0.184–$0.2.




XLM/USD




With the current fall, the bears have managed to stall the pullback at the downtrend line of the descending triangle for the fourth time. A break down of $0.184 will complete the descending triangle pattern that can result in a fall to the next support at $0.08. The XLM/USD pair will turn positive above the downtrend line of the descending triangle.

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