🔴 $XLM · 1H
Price is $0.2128 and $XLM remains below the averages that capped it earlier. The $0.2102 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. That is 6.7% to the ceiling and 1.2% to the floor. The 20 crossed below the 50 recently, for only 2 candles, so this leg is still young. RSI at 32 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.2108 and $0.2271, sitting near the bottom of it now. Turnover is unremarkable, running 1.2x the recent average. Down 2.6% over 24 hours.
DYOR
$XLM #TechnicalAnalysis
Price is $0.2128 and $XLM remains below the averages that capped it earlier. The $0.2102 area held twice over the last three days and is being tested again. Price is down in the lower third of that range. That is 6.7% to the ceiling and 1.2% to the floor. The 20 crossed below the 50 recently, for only 2 candles, so this leg is still young. RSI at 32 is neutral, so momentum is not blocking a move either way. Over the past day it has traded between $0.2108 and $0.2271, sitting near the bottom of it now. Turnover is unremarkable, running 1.2x the recent average. Down 2.6% over 24 hours.
DYOR
$XLM #TechnicalAnalysis
