Stellar lumen price started a major decline from the $0.1020 resistance against the US Dollar.XLM price is now trading well below the $0.0825 support and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.0785 on the 4-hours chart (data feed via Kraken).The pair could start a decent recovery if it clears the $0.0800 and $0.0825 resistance levels.Stellar lumen price is trading in a bearish zone below $0.0800 against the US Dollar, similar to...
Read More »Stellar Lumen (XLM) Price Could Rally Significantly if it Clears $0.10
Stellar lumen price found support near the $0.0902 level after a steady decline against the US Dollar.XLM price is slowly rising above $0.0950, but it facing hurdles near the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0970 on the 4-hours chart (data feed via Kraken).The pair could move into a bullish zone if it clears the $0.0988 and $0.1000 resistance levels.Stellar lumen price is showing a few positive signs against the US...
Read More »Stellar Lumen (XLM) Price Eyeing Upside Break above $0.1080
Stellar lumen price is currently holding the $0.0980 and $0.1000 support levels against the US Dollar.XLM price is facing many hurdles near the 55 simple moving average (4-hours) and $0.1080.There is a key bearish trend line forming with resistance near $0.1024 on the 4-hours chart (data feed via Kraken).The pair could move into a bullish zone if it clears the $0.1050 and $0.1080 resistance levels.Stellar lumen price is holding a couple of key supports against the US Dollar, similar to...
Read More »Stellar Lumen (XLM) Price Approaching Next Crucial Breakout
Stellar lumen price is currently trading in a positive zone above $0.1100 against the US Dollar.XLM price traded as high as $0.1160 and it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1080 on the 4-hours chart (data feed via Kraken).The pair could continue to rise above $0.1180 as long as it is above the $0.1000 support zone.Stellar lumen price is currently gaining pace above $0.1100 against the US Dollar, similar to...
Read More »Stellar Lumen (XLM) Price Could Extend Decline Before Fresh Rally
Stellar lumen price started a steady decline from the $0.1180 resistance zone against the US Dollar.XLM price declined below the $0.1080 support level and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.1050 on the 4-hours chart (data feed via Kraken).The pair could extend its decline towards the $0.0950 support before it might start a fresh increase.Stellar lumen price is slowly moving lower below $0.1050 against the US Dollar, while...
Read More »NVAX Stock Up 13%, Novavax Early Trial of COVID-19 Vaccine Shows Stellar Immune Response
Scientists have Novavax’s vaccine results to be impressive and exemplary. If the company gets more leads going ahead, it promises of producing 100 million doses by the start of 2021.On Tuesday, August 4, biotechnology company Novavax Inc (NASDAQ: NVAX) announced that it has found major success in the early-stage clinical trials for its coronavirus vaccine. Novavax said that its COVID-19 vaccine showed stellar immune response during the early-stage trials.The phase one trial saw over 131...
Read More »Stellar Lumen (XLM) Price Could Resume Rally Above $0.106 & $0.110
Stellar lumen price rallied above the $0.1100 level and tested $0.1160 against the US Dollar.XLM price corrected lower sharply, but it found support above $0.0950 and $0.0920.There is a major bullish trend line forming with support near $0.1020 on the 4-hours chart (data feed via Kraken).The pair could resume its upward move once it clears the $0.1060 resistance zone.Stellar lumen price is trading in a positive zone above $0.1000 against the US Dollar, similar to bitcoin. XLM price is likely...
Read More »Grayscale AUM Surge $500M In A Week, Bitcoin Shares in the Lead
Grayscale Investment, operators of the largest crypto hedge fund, is close to reaching a $5B valuation after adding $500M to its assets under management (AUM) is less than a week. Meanwhile, other cryptocurrency funds like Tetras Capital are shuttering after low returns despite market-wide recovery since Black Thursday. Grayscale Crypto Fund AUM at $4.8B Tweeting on Monday, Grayscale revealed that its crypto fund AUM was currently at $4.8B. Comparing with the figures from five days ago, it...
Read More »Coins Like Ethereum and Cardano Are Surging as of Late
One source is reporting that bitcoin – the world’s number one cryptocurrency – is “floundering,” and that other smaller altcoins – such as Ethereum, Stellar and Cardano – are all way up at the time of writing, with some of these currencies having doubled their prices in just the last few months alone.Ethereum and Cardano Are Two High-Ranking CoinsFirst off, it would be inaccurate to claim that bitcoin is “floundering.” BTC is presently trading for just under $10,000 again, and should it...
Read More »Stellar Lumen (XLM) Price Trading Near Inflection Zone Near $0.10
Stellar lumen price climbed above the $0.1000 resistance level against the US Dollar.XLM price struggled to extend gains above $0.1100 and started trading in a broad range.There is a key bullish trend line forming with support near $0.0970 on the 4-hours chart (data feed via Kraken).The pair could extend its decline towards the $0.0870 support if it settles below $0.0950.Stellar lumen price is struggling to follow bitcoin’s rally against the US Dollar. XLM price must settle above $0.1000 and...
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