• Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock
Economy

Stellar and Bitcoin Cash: Stellar is trying to recover

by July 30, 2024
written by July 30, 2024

Stellar and Bitcoin Cash: Stellar is trying to recover

This morning, the price of Stellar retreated to the 0.098389 level, forming a new weekly low there.
Yesterday’s bullish consolidation pushed the price of Bitcoin Cash up to $458.79. 

Stellar chart analysis

This morning, the price of Stellar retreated to the 0.098389 level, forming a new weekly low there. A bullish consolidation was initiated from this support level, culminating in the previous two hours. With a couple of strong bullish impulses, the price climbed to 0.103500 and is on the threshold of reaching the 0.104000 level. We have received support from the EMA 50 and EMA 200 moving averages and now aim to hold above.

Potential higher targets are 0.104000 and 0.104500 levels. For a bearish option, Stellar prices would have to pull back to the 0.101500 level. This brings us back below the EMA 200, which will add pressure on the price to initiate a bearish consolidation. Potential lower targets are the 0.101000 and 0.100500 levels.

 

Bitcoin Cash chart analysis

Yesterday’s bullish consolidation pushed the price of Bitcoin Cash up to $458.79. We stayed there for a short time, and the price started a pullback below the $450.00 level. The inability to get new support there influenced us to continue the pullback this morning to the $428.00 level. There, we met the EMA 50 moving average, which for now, supports us and does not allow us to move below.

This triggered a new bullish consolidation of the price of Bitcoin Cash to the $439.00 level. We have little resistance there for now, and we need a new bullish impulse above to continue on the bullish side. Potential higher targets are the $450.00 and $460.00 levels. The price would have to pull back below the EMA 50 moving average and the $428.00 level for a bearish option. With that step, we continue today’s bearish trend. Potential lower targets are the $420.00 and $410.00 levels.

 

The post Stellar and Bitcoin Cash: Stellar is trying to recover appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
TTOO Stock: Current Performance and Future Projections
next post
Ripple and Tron: Tron is on the defensive and under pressure

related articles

Oil Prices Rebound After Trump’s Criticism of Powell

April 22, 2025

Trump’s Fed Criticism Sparks Investor Concerns

April 22, 2025

Buy Bitcoin Under $100K Before The Next Bull...

April 22, 2025

BNB Price Surge Leads Crypto Gains as Bitcoin...

April 21, 2025

Fed’s Stagflation Warning Impacts Crypto Markets

April 21, 2025

Bitcoin Slips to $83.6K Amid Nvidia’s $5.5B Charge

April 21, 2025

Gold Price Surge Hits $3,385 Amid Trade Tensions

April 21, 2025

Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

April 21, 2025

Memecoins, AI, and DeFi Tokens Lead Crypto Rebound

April 21, 2025

Bitcoin Nears $85K Amid Market Optimism

April 21, 2025
Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.


Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest News

  • Rand Paul says he would support ‘big, beautiful bill’ if debt ceiling hike removed

    June 1, 2025
  • Russia bombards Ukraine with drones hours after Trump announces talks with Putin

    May 19, 2025
  • Back from Alaska, Trump starts week with crucial foreign policy talks over Ukraine war

    August 18, 2025
  • Rubio to pitch foreign policy credentials to Senate as he vies to become America’s top diplomat

    January 15, 2025
  • The Hitchhiker’s Guide to confirming Trump Cabinet nominees — perhaps even during inaugural balls

    January 15, 2025

Popular Posts

  • 1

    Secret Service admits leaning on ‘state and local partners’ after claim it ignored Trump team’s past requests

    July 21, 2024
  • 2

    Five more House Democrats call on Biden to drop out, third US senator

    July 19, 2024
  • 3

    Elon and Vivek should tackle US funding for this boondoogle organization and score a multimillion dollar win

    December 4, 2024
  • 4

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 5

    Biden calls to ‘lower the temperature’ then bashes Trump in NAACP speech

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (5,784)
  • Investing (634)
  • Stock (893)

Latest Posts

  • Blinken questioned for State Department hosting in-house therapy sessions after Trump win

    November 24, 2024
  • Ripple and Tron: Tron continues its bullish trend today

    August 15, 2024
  • 5 key numbers that will decide the 2024 presidential election

    October 9, 2024

Recent Posts

  • Dem candidates bankrolled by ‘defund the police donors’ targeted by House GOP

    August 20, 2024
  • Reporter’s Notebook: Eyewitness to Taiwan’s annual military drills amid growing China threat

    July 30, 2024
  • ‘Stunning and brave’: Dem senator mocked after hyping all-nighter stunt in protest of Trump nominee

    February 7, 2025

Editor’s Pick

  • Peloton to start charging subscribers with used equipment $95 activation fee

    August 23, 2024
  • Gabbard establishes new intelligence community task force to restore transparency

    April 8, 2025
  • Roughly 75,000 federal employees agree to Trump’s buyout offer

    February 13, 2025
  • About us
  • Contacts
  • Privacy Policy
  • Terms & Conditions

Disclaimer: moneyrisetoday.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2025 moneyrisetoday.com | All Rights Reserved

Money Rise Today – Investing and Stock News
  • Economy
  • Editor’s Pick
Money Rise Today – Investing and Stock News
  • Investing
  • Stock