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

Stellar and Bitcoin Cash: Stellar has dropped to a new low

by August 15, 2024
written by August 15, 2024

Stellar and Bitcoin Cash: Stellar has dropped to a new low

This morning, Stellar’s price retreated to a new weekly low at the 0.095970 level
This morning, we saw Bitcoin Cash pull back to a new daily low at the 331.50 level

Stellar chart analysis

This morning, Stellar’s price retreated to a new weekly low at the 0.095970 level. On Wednesday, the price failed to hold above 0.98500 and the EMA 200 moving average. This led to a bearish impulse that broke below and initiated a bearish consolidation. After that, Stellar did not have the strength to return to the bullish side but continued to fall, forming a new weekly low.

Potential lower targets are 0.095500 and 0.095000 levels. For a bullish option, we need a positive consolidation and a return to the 0.097500 level. With that step, we would indicate that we are turning to the bullish side. Next, we expect momentum to 0.098000 and EMA 50 moving average support. There, we return above the weekly open price to the positive side, which means we will continue on the bullish side. Potential higher targets are 0.098500 and 0.099000 levels.

 

Bitcoin Cash chart analysis

This morning, we saw Bitcoin Cash pull back to a new daily low at the 331.50 level. We were very close to testing the weekly open price. The price managed to stabilize there and move up to $336.00. Now, we are holding on here and waiting for the next impulse that will send us to the bullish side. With the retracement above $338.00, we are back above the daily open price and expect to see a continuation of the recovery.

Potential higher targets are $340.00 and $342.00 levels. The EMA 50 moving average around $342.00 is the first additional resistance. For a bearish option, we need a negative consolidation pullback down to the $330.00 level. The inability to maintain at this level will push us below to a new weekly low. Potential lower targets are $328.00 and $325.00 levels.

 

The post Stellar and Bitcoin Cash: Stellar has dropped to a new low appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Middle East: US Seeks to Deter Future Attacks
next post
AITX Stock Overview: Current Price & Future Potential

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

  • MicroStrategy Raises $563M via Preferred Stock for Bitcoin

    January 31, 2025
  • Supreme Court orders new arguments in pivotal elections case

    August 5, 2025
  • Trump’s tariff power grab barrels toward Supreme Court

    August 4, 2025
  • Thune pans Democrats’ shutdown stance as ‘borderline pathological,’ ‘like a disease’

    September 18, 2025
  • Morning Glory: The secret weapon of J.D. Vance

    July 18, 2024

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 (6,248)
  • Investing (634)
  • Stock (935)

Latest Posts

  • Trump’s latest hires and fires rankle Iran hawks as new president suggests nuclear deal

    January 24, 2025
  • Circuit court puts final nail in the coffin for Biden’s $500B student loan forgiveness plan

    February 19, 2025
  • Michelle Obama to skip Trump inauguration, 11 days after missing Carter funeral

    January 14, 2025

Recent Posts

  • House Dems open investigation into Trump’s acceptance of $400 million jet from Qatar

    May 15, 2025
  • Trump nominees debut new science journal aimed at spurring scientific discourse, increasing transparency

    February 11, 2025
  • Trump, Harris dead even in national poll, with just 1 in 4 saying country headed in right direction

    October 25, 2024

Editor’s Pick

  • Does Iran’s hacking of the Trump campaign prove they want Kamala Harris to win the election? Experts weigh in

    September 25, 2024
  • Russia remains ‘active threat’ in influencing 2024 election, likely to focus on swing states: U.S. officials

    November 5, 2024
  • Ad revenue should stabilize for media companies in 2025 — if they have sports

    December 30, 2024
  • 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