Stellar (XLM)

The launch of OPEN tokens on November 26 may be in time for investors. Moreover, there are specific fundamentals that may support prices. In less than a week, OPEN, the governance tokens of the OpenDAO protocol, will launch as per an update on Nov 12. The release will allow users to purchase the ERC-20 token from Uniswap and Cash Box.Uniswap’s liquidity will be provided by Cashbox Liquidity Providers (LPs). Those with allocation will receive tokens 24 hours before the official listing.DeFi’s...

Stellar lumen price is still struggling to gain pace above $0.0850 and $0.0860 against the US Dollar.XLM price is holding the key $0.0780 support, but it is below the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0832 on the 4-hours chart (data feed via Kraken).The pair could either decline sharply below the $0.0780 support or start a sharp rise towards $0.0900.Stellar lumen price is trading near a major support at $0.0780 against the...

Today, Bitcoin price reached the 33-month highs to settle above $16,000. Analysts now suggest some salient reasons could have fueled the surge.On November 12, Bitcoin surged past $16000, a level that was last seen in 2017. Coinspeaker’s data showed that after 5 a.m. ET, the price of the dominant crypto, had climbed up to $16019. Currently, it is trading at $16016.This year alone, Bitcoin (BTC) chalked up a stellar price rally, more than doubling in value, reminiscent of the 2017 monster...

Stellar lumen price traded as low as $0.0745 and it is currently recovering against the US Dollar.XLM price is facing hurdles near $0.0800 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0782 on the 4-hours chart (data feed via Kraken).The pair could start a strong increase if there is a clear break above the $0.0800 resistance zone.Stellar lumen price is showing signs of a fresh increase above $0.0750 against the US...

The largest US-based cryptocurrency exchange Coinbase announced today the launch of a Visa debit card, allowing customers to spend digital assets for everyday purchases. According to the official statement, the Coinbase Card will provide clients the opportunity to earn up to 4% back in cryptocurrency rewards. It will be available in nearly 30 countries, including the US, the UK, and across Europe. It will be connected to customers’ Coinbase accounts, and they can spend the...

Stellar lumen price traded to a new monthly high at $0.0878 against the US Dollar.XLM price is currently correcting lower below $0.0850 and testing the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $0.0840 on the 4-hours chart (data feed via Kraken).The pair could correct lower, but the $0.0800 and $0.0785 support levels might provide support.Stellar lumen price is trading in a positive zone above $0.0800 against the US Dollar, similar...

Stellar lumen price is gaining pace above the $0.0800 resistance level against the US Dollar.XLM price traded as high as $0.0837 and it is now well above the 55 simple moving average (4-hours).There is a declining channel or a bullish flag forming with resistance near $0.0812 on the 4-hours chart (data feed via Kraken).The pair could resume its upward move once it clears the $0.0812 and $0.0820 resistance levels.Stellar lumen price is showing bullish signs above $0.0780 against the US Dollar,...

XLM/USD – Bulls Rebound Into 100-days EMA. Key Support Levels: $0.08, $0.075, $0.07.Key Resistance Levels: $0.086, $0.088, $0.0921. XLM found support at the $0.0668 (.618 Fib) level toward the end of September which allowed the downtrend to reverse. Throughout October, the coin has slowly been grinding higher. Initially, it struggled to break the resistance at $0.08, which is provided by the bearish .236 Fib Retracement level. This aforementioned resistance was penetrated...

Stellar lumen price seems to be gaining pace above $0.0750 against the US Dollar.XLM price is currently trading well above $0.0765 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.0738 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0785 and $0.0800 resistance levels.Stellar lumen price is showing bullish signs above $0.0750 against the US Dollar, similar to bitcoin. XLM...

The total Assets under bitFlyer Japan’s custody topples 161.8 Billion Yen or approximately US$1.5 billion far back in August, breaking an almost two-year stalemate.Per Coindesk Japan report, bitFlyer Japan’s total assets under custody which is the highest the firm has seen since 2018 was most likely fueled by the company’s integration of four additional digital currencies including Ripple (XRP), Stellar Lumen (XLM), Nem (NEM), and Basic Attention Token (BAT).As gleaned from bitFlyer Japan...