Unlock Stellar Price After Pullback to 0.10667504: Analysis
Stellar price pulled back to support at the 0.10667504 level yesterday.
The price of Bitcoin Cash rose this morning to the $243.95 level.
Stellar chart analysis
Stellar price pulled back to support at the 0.10667504 level yesterday. After the received support, we see a bullish consolidation and a jump above the 0.10800000 level. The price continues positive consolidation from that level and rises to the 0.11000000 level. In this zone, we have additional pressure and resistance to the bullish continuation in the EMA200 moving average. Potential higher targets are 0.11100000 and 0.11200000 levels.
For a bearish Stellar price option, we need a pullback below the 0.10800000 level. After that, we return to the previous bearish territory, forcing the price to retreat. Potential lower targets are 0.10700000 and 0.10600000 levels.
Bitcoin Cash chart analysis
The price of Bitcoin Cash rose this morning to the $243.95 level. Before that, yesterday, we received support at the $234.00 level and, from there, started a bullish consolidation. We then see a move above the EMA200 and the $237.00 level, which removed the pressure on the price, pushing it above the $240.00 level.
This morning, we consolidated at that level and saw the continuation of bullish consolidation and growth to this week’s high. The current price is at the $242.10 level and still holds high.
Potential higher targets are $245.00 and $246.00 levels. We need a pullback below the $240.00 support level for a bearish option. This would create a new daily low and increase the bearish pressure on the price. After that, we can only expect to retreat in search of new support. Potential lower targets are $239.00 and $238.00 levels.
The post Unlock Stellar Price After Pullback to 0.10667504: Analysis appeared first on FinanceBrokerage.
