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Tag Archives: Stellar (XLM) Price

Bitcoin Struggling at $60K: Stellar (XLM) Enters Top 10 After 25% Surge (Market Watch)

Despite overcoming its nemesis at $60,000 yesterday, bitcoin’s struggles with that particular benchmark level continue as the asset has dipped beneath it. Most altcoins have also retraced slightly, with the apparent exception of Ripple (XRP), which surged to a new 3-year high of $1.4 following more positive news in the ongoing legal battles with the SEC. Bitcoin Dips Below $60K Once Again After a three-week-long wait, bitcoin finally overcame $60,000 yesterday. Furthermore,...

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Crypto Price Analysis & Overview January 29th: Bitcoin, Ethereum, Ripple, Stellar, and Uniswap

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...

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Stellar Price Analysis: After 50% Weekly ROI, XLM Facing Important Resistance at $0.3

XLM/USD – Bulls Defend Support at $0.27Key Support Levels: $0.27, $0.257, $0.224.Key Resistance Levels: $0.3, $0.325, $0.35.XLM seems to be holding strong at the $0.27 support over the past three days after it surged as high as $0.45 last week. The cryptocurrency could not break a daily candle above $0.35 and started to head lower from there. Nevertheless, it’s up about 50% since the open seven days ago and it’s now facing an important resistance.During the BTC intra-day price drop on Monday,...

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Crypto Price Analysis & Overview January 8th: Bitcoin, Ethereum, Ripple, Stellar Lumens & Chainlink

BitcoinAfter a substantial 44% price surge this week, Bitcoin continued to set new ATH prices today at $42,000. The cryptocurrency started the year off underneath the $30,000 level after a strong performance in December 2020.From there, it broke $30,000 last Saturday as it continued to push higher. On Monday, there was a brief spike lower toward $28,000, but this was quickly bought up as traders closed that daily candle above $32,000.Throughout the rest of the week, BTC continued to set new...

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Stellar Price Analysis: XLM Goes Parabolic With 100% Daily Surge, What’s The Next Target?

XLM/USD – Epic 100% Surge Shocks Market As XLM Hits 31-Month HighKey Support Levels: $0.3, $0.289, $0.257.Key Resistance Levels: $0.373, $0.4, $0.418.XLM was pretty quiet during December. The coin was trading beneath a falling trend line for the entire month as it dropped into the $0.12 region. XLM would rebound from $0.12 at the start of 2021 and eventually break the falling trend line to reach $0.2 yesterday.Today, XLM continued higher from $0.2 and exploded by over 100% to reach as high as...

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XLM Exploded by 40% As Ukraine Picks Stellar to Develop Its Digital Asset Infrastructure

The popular blockchain project Stellar has signed a Memorandum of Understanding and Cooperation with the Ministry of Digital Transformation of Ukraine to explore and develop virtual currencies and a CBDC. The native cryptocurrency has reacted with a massive surge by almost 40% a day after the announcement.Stellar And Ukraine To Work On Digital Assets And CBDCThe Stellar Development Foundation (SDF) announced the signing of the contract yesterday. The Memorandum will enable Stellar to work...

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Bitcoin Struggles Around $17K as Stellar (XLM) Charts 120% Weekly Gains (Market Watch)

Bitcoin’s volatility continues with full force as the asset made another $1,000 move in the past 24 hours. Most alternative coins have marked minor gains following the recent price drops.Stellar has been on a tear in the past week and XLM has found a place in the top ten after a triple-digit surge.Bitcoin Struggles With $17KFollowing the most substantial gains marked in 2020 that led to the yearly high of $19,500, Bitcoin bears took control over the asset. As a result, BTC experienced...

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Crypto Price Analysis & Overview November 27th: Bitcoin, Ethereum, Ripple, Chainlink & Stellar Lumens

BitcoinBitcoin saw a slight retracement from its bullish rally this week after dropping 6.3% over the past 7 days. The cryptocurrency started the week on a bullish footing as it climbed higher from $18,000 and reached as high as $19,500. Unfortunately, it could not close a daily candle above $19,265 (1.272 Fib Extension) during the week.Yesterday, Bitcoin dropped by a steep 10% to the $17,000 region. The decline continued today as BTC fell into the $16,375 support – provided by a .5 Fib...

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XLM Skyrockets To A Two-Year High As Stellar Announced Major Protocol Upgrade

Stellar, the popular blockchain project enabling cross-border transactions between various currency pairs, announced a significant protocol upgrade yesterday. Apart from providing new features, the native cryptocurrency XLM has reacted with a massive price boost a day later.Protocol 15 Upgrade On The Stellar BlockchainThe Stellar network connects banks, payment systems, and customers to facilitate low-cost, cross-asset transfers of value through its blockchain. Stellar was unable to proceed...

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Stellar Price Analysis: XLM Surges 11% in a Day, $0.1 Inbound?

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...

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