#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 Year) $XLM /USDT

1. Price Dynamics and Candlesticks: The chart shows prices rising from around 0.29 to 0.39 over the past few days, with short-term corrections. Recent candles show high volatility with green (bullish) and red (bearish) candles.

2. Bollinger Bands (20): The price is approaching the upper limit (0.41296), which may indicate overbought or a possible reversal. The middle line (0.38225) serves as support, and the lower line (0.35154) is an indicative rebound level.

3. Moving Averages (MA): MA(5) at 208,562,602,4000 and MA(10) at 149,205,938,5000 show an increase in the average price, with MA(5) above MA(10), confirming an uptrend.

4. MACD: The Differential (DIF: 0.01618) and the Signal Line (DEA: 0.01700) are close, and MACD (-0.00082) is close to zero, which may signal weakening upward momentum. A potential reversal is possible if MACD crosses DEA downwards.

5. Stochastic RSI: The values of STOCHRSI (13.48390) and MASTOCHRSI (21.64326) indicate that the asset is not yet in the overbought zone (>80), but is approaching it, which may indicate a possible correction.

6. Volumes: The increase in volumes (132,621,127.000,000) accompanies the upward movement, which confirms the strength of the trend. The peaks of the volumes coincide with the key price movements.

⚠️Conclusion: The current trend is upward, but the approach to the upper Bollinger band and the weak MACD signal a possible correction. The recommended support level (0.35154) and resistance (0.41296) are recommended. For the current forecast, it is worth waiting for confirmation from candles or volumes.