Stellar (XLM)

Stellar lumen price failed to settle above $0.5500 and corrected lower against the US Dollar.XLM price is now trading well below $0.5200 and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $0.5000 on the 4-hours chart (data feed via Kraken).The pair could continue to move down towards the $0.4400 and $0.4200 support levels.Stellar lumen price is correcting gains below $0.5000 against the US Dollar, while bitcoin remains strong. XLM...

Stellar lumen price started a fresh decline from the $0.6060 high against the US Dollar.XLM price is approaching the $0.4500 support and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.44020 on the 4-hours chart (data feed via Kraken).The pair could start a fresh increase as long as it is above the trend line and $0.4200.Stellar lumen price is correcting gains from the $0.6060 yearly high against the US Dollar, similar to bitcoin. XLM...

Stellar lumen price is trading nicely above the $0.3500 and $0.3600 support levels against the US Dollar.XLM price is holding gains above the $0.3600 support and the 55 simple moving average (4-hours).There is a key rising channel forming with support near $0.3590 on the 4-hours chart (data feed via Kraken).The pair could start a strong upward move as long as there is no downside break below $0.3590.Stellar lumen price is showing positive signs above $0.30000 against the US Dollar, similar to...

Finishing the business week with some big announcements made by Theta Network, Stellar Lumens and Neo.Theta announced today that it has launched the ThetaSwap v1, the first DEX for Theta Blockchain. The ThetaSwap is built on AMM (Automated Market Making) logic similar to UniSwap, which allows to seamlessly exchange TNT20 – Theta-native tokens built on Theta Network. Theta sees a great opportunity in use of Theta Network and ThetaSwap for influencers, streamers, who build their fan tokens and...

Binance Coin, the native token of the world’s leading crypto exchange Binance, has been surging in the past several days to new all-time high records. Despite jumping above $60 earlier today, company CEO Changpeng Zhao urged people to stay calm as this is “just the beginning.”BNB’s Painted A New ATHWhile bitcoin and some altcoins, such as ETH, DOT, and LINK, took center stage during the recent bull run, Binance Coin seemed rather neglected. Although BNB had also increased in value since early...

Stellar lumen price is facing a few important hurdles near $0.3400 and $0.3500 against the US Dollar.XLM price is holding gains above the $0.3000 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.3460 on the 4-hours chart (data feed via Kraken).The pair could start a strong upward move if there is a clear break above the $0.3400 and $0.3500 resistance levels.Stellar lumen price is showing positive signs above $0.30000...

BitcoinBitcoin is up by a cool 20% over the past week as it currently trades near the $35,700 handle. The number 1 ranked cryptocurrency had been trapped within a range for the majority of the week as it oscillated between $33,000 and $30,000.Looking at the larger picture, Bitcoin was trading within a descending triangle pattern since hitting the new ATH price at $42,000 in early January 2021. It had spiked beneath the lower boundary of this triangle at $30,000 throughout the week but managed...

The strong advertising revenue comes from Microsoft’s LinkedIn social network. This also indicates a strong uptick in advertisers’ activity leaving the pandemic woes behind.On Tuesday, January 26, Microsoft Corporation (NASDAQ: MSFT) announced its Q4 2020 results exceeding analysts’ expectations. The company announced a solid $2.04 earnings per share against the expected $1.64. Also, the revenue of Microsoft during Q4 2020 was $43.08 billion against $40.18 billion expected.Microsoft’s revenue...

Signal is developing payment features to enable the use of MobileCoin, a ” privacy-focused cryptocurrency” built on the Stellar network.Private messaging app Signal is said to be in the process of developing features related to usernames and crypto payments.The San Francisco based encrypted messaging app has, in the past few weeks, seen a surge in the number of users. This has largely been attributed to the recent widespread backlash towards WhatsApp. The reaction was motivated by a revision...

Stellar lumen price remained stable above $0.2200 and recovered above $0.2600 against the US Dollar.XLM price is facing hurdles near $0.2850 and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.2840 on the 4-hours chart (data feed via Kraken).The pair could start a major bullish wave once it clears the $0.2840 and $0.3000 resistance levels.Stellar lumen price is showing positive signs above $0.2500 against the US Dollar, similar to...