Stellar (XLM)/ USDT may fall to 0.0973 - 0.0983

Our pivot point stands at 0.1023.

Our preference

The downside prevails as long as 0.1023 is resistance.

Alternative scenario

The upside breakout of 0.1023, would call for 0.1041 and 0.1051.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1024 and 0.1041).

Supports and resistances

0.1051 **

0.1041 *

0.1023 **

0.1016

0.1006 last

0.0983

0.0973 **

0.0962 *

0.0952 **

$XLM

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