Stellar (XLM) Closes Last Hour Down $0.00; Doji and Pin Bar Patterns Appearing on Chart, 2 Day Up Streak Snapped, in an Uptrend Over Past 14 Days

The Hourly View for XLM

Last Updated January 15, 2021, 03:017 GMT

At the moment, Stellar’s price is down $0 (-1.57%) from the hour prior. This move is a reversal from the hour prior, which saw price move up. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. Most noteworthy in the world of moving averages on the hourly chart is that the 20 hour moving average has been crossed, with price now being below it. 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

0.3034 (USD) was the opening price of the day for Stellar, resulting in the day prior being one in which price moved down 0.2% ($0.0006) from the day prior. The price move occurred on volume that was up 5.38% from the day prior, but down 72.65% from the same day the week before. Relative to other instruments in the Top Cryptos asset class, Stellar ranked 6th since the day prior in terms of percentage price change. Below is a daily price chart of Stellar.

XLM

Stellar Technical Analysis

The clearest trend exists on the 14 day timeframe, which shows price moving up over that time. For another vantage point, consider that Stellar’s price has gone down 20 of the previous 30 trading days. Also, candlestick traders! Note we see doji and pin bar patterns appearing here as well.