$XLM the short-term trend is bullish, while the daily trend remains bearish. A single price move does not tell the whole story.
24-hour change: slight increase; current price: 0.18301 $USDT.
Two timeframes are showing divergent trends: the 4-hour chart is bullish, whereas the daily chart is bearish. The EMA on the H4 chart does not yet align with this trend. On the daily candlestick chart, which has already closed, the price is in a downward retracement and sits below the signal line. A single indicator is not sufficient to conclude that the price trend has reversed.
If the 4-hour candle closes below 0.17618 $USDT, it would indicate that support has not held.
24-hour change: slight increase; current price: 0.18301 $USDT.
Two timeframes are showing divergent trends: the 4-hour chart is bullish, whereas the daily chart is bearish. The EMA on the H4 chart does not yet align with this trend. On the daily candlestick chart, which has already closed, the price is in a downward retracement and sits below the signal line. A single indicator is not sufficient to conclude that the price trend has reversed.
If the 4-hour candle closes below 0.17618 $USDT, it would indicate that support has not held.