Well done on the analysis, I will enter if the price drops to 0.4335
Amr Al Qahtani
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$XLM
📊 XLM/USDT Analysis – 4-Hour Interval
Current Price: 0.4442 📉 (-0.54%)
🔹 After a strong rise from 0.3850 to 0.4689, the currency experienced a downward correction while remaining above the support at 0.4335. 🔹 The Bollinger Bands indicator shows price consolidation near the middle line at 0.4477, and the RSI is at 49, within a neutral zone, indicating anticipation of a strong movement. 🔹 The Stoch RSI indicator is in oversold territory, which may support a rebound if the price maintains the support. 🔹 The MACD is still slightly negative with weak selling momentum.
📌 Support Levels:
0.4335
0.4258
📌 Resistance Levels:
0.4477
0.4580
0.4690
💡 Expectation:
Staying above 0.4335 may push the price towards 0.4477 and then 0.4580.
Breaking below 0.4335 with a 4-hour close may open the way for a drop towards 0.4258 – 0.4180.
This analysis represents a personal technical view and is not investment advice; trading carries high risks.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.