Stellar (XLM) Closes Last Hour Down $0.00; 3 Day Up Streak Broken, in an Uptrend Over Past 14 Days

The Hourly View for XLM

Last Updated April 9, 2021, 23:17 GMT

Currently, Stellar’s price is down $0 (-0.92%) from the hour prior. The hourly chart shows that Stellar has seen 2 straight down hours. As for the trend on the hourly timeframe, we see the clearest trend 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, so that price is now turning 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

Stellar is down 10.22% ($0.0552) since the day prior, marking a reversal from the day prior — and the end of a 3 day positive run. The change in price came along side change in volume that was down 32.6% from previous day, but up 147.14% from the Thursday of last week. Relative to other instruments in the Top Cryptos asset class, Stellar ranked 5th since the day prior in terms of percentage price change. The daily price chart of Stellar below illustrates.

XLM

Stellar Technical Analysis

Trend traders will want to observe that the strongest trend appears on the 14 day horizon; over that time period, price has been moving up. Or to view things another way, note that out of the past 10 days Stellar’s price has gone up 7 them.