Bullish-Rated Stellar (XLM) Rises Monday to $0.07907119242

9 January 2023

in XLM

Reading Time: 2 mins read

Stellar (XLM) gets a bullish rating from InvestorsObserver Monday. The Digital Money asset is up 2.7% to $0.07907119242 while the broader crypto market is up 1.73%.

Stellar has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on Stellar!

Bullish

Over the last five days, Stellar has earned a Bullish rating on the InvestorsObserver Sentiment Score. The Sentiment Score measures the performance of Stellar over the past five days by volume and price movement.

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The Sentiment Score provides a quick, short-term look at the crypto’s recent performance. This can be useful for both short-term investors looking to ride a rally and longer-term investors trying to buy the dip.

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Price Levels

Stellar is currently trading near its five-day high of $0.0806991863619784. The Digital Money asset is 2.02% off its five-day high and is 9.77% higher than its five-day low of $0.0720351561903954.

Stellar price is currently above resistance. With support set around $0.0754997902210812 and resistance at $0.0778749906118969, Stellar is potentially in a volatile position if the rally burns out.

Stellar has traded on low volume recently. This means that today’s volume is below its average volume over the past seven days.

What is a coin?

A coin is a cryptocurrency that exists on its own blockchain. These are typically used for payments. Depending on the cryptocurrency, what those payments are use for may vary from general use in the Digital Money sub-class to a more specific use in some other sub-classes.