Stellar (XLM) Closes Last Hour Down $0.00; Heads Down For the 2nd Day In A Row, in a Downtrend Over Past 14 Days

The Hourly View for XLM

Last Updated May 29, 2021, 02:046 GMT

Currently, XLM’s price is down $0 (-0.52%) from the hour prior. The hourly chart shows that XLM has seen 2 straight down hours. Regarding the trend, note that the strongest trend exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a choppiness in price, as the 20, 50, 100 and 200 are all in a mixed alignment — meaning the trend across timeframes is inconsistent, indicating a potential opportunity for rangebound traders.

Stellar Daily Price Recap

Stellar came into today down 5.07% ($0.0213) from the open of the day prior, marking the 2nd day in a row a decline has happened. The price move occurred on volume that was up 34.39% from the day prior, but down 18.26% from the same day the week before. Stellar outperformed all 7 assets in the Top Cryptos asset class since the day prior. Here is a daily price chart of Stellar.

XLM

Stellar Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving down over that time. For additional context, note that price has gone down 8 out of the past 14 days.