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

Stellar and Bitcoin Cash: Stellar launches a bullish option

by August 20, 2024
written by August 20, 2024

Stellar and Bitcoin Cash: Stellar launches a bullish option

On Monday, the price of Stellar first retreated to a new low at 0.093068
The price of Bitcoin cash dropped to support at $330.00 on Monday

Stellar chart analysis

On Monday, the price of Stellar first retreated to a new low at 0.093068. After that, we saw consolidation in that zone. With the new support above 0.093500 there was a strengthening of the bullish momentum. The price initiated a bullish consolidation and climbed to 0.096500 and the EMA 200 moving average. This morning, we got new support, pushing the price to continue yesterday’s bullish trend.

Stellar thus climbed to 0.099200, forming a new weekly high. Potential higher targets are 0.099500 and 0.100000 levels. We are currently stalling at that level and moving back slightly to 0.098500. Going below the price will increase the bearish momentum and move away from the weekly high. After that, it remains to see a further pullback and the formation of a new low. Potential lower targets are 0.098000 and 0.097500 levels.

 

Bitcoin Cash chart analysis

The price of Bitcoin cash dropped to support at $330.00 on Monday. After that, it took some time for the price to consolidate and start a war up to the $338.00 level. This was supported by the EMA 50 moving average, which had a positive effect on the price below. This morning, we had a new bullish impulse and the formation of a new weekly high at the $347.05 level. We didn’t have the strength to go on because Bitcoin Cash began to retreat to the $342.00 level.

It is very possible that we will retest the EMA 200 moving average. If the price continues to pull below, it will only strengthen the bearish momentum. Potential lower targets are $340.00 and $338.00 levels. We need a positive consolidation back to the weekly high for a bullish option. A new presence of the price in that zone would increase optimism for a continuation to the bullish side. Potential higher targets are $348.00 and $350.00 levels.

 

The post Stellar and Bitcoin Cash: Stellar launches a bullish option appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
TCO Meaning: Understanding the Full Cost of Ownership
next post
EURAUD and EURNZD: The euro continues to slide lower

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

  • Long MELI: breaking weekly resistance, poised to surpass $2020 amid strong growth and market momentum

    August 9, 2024
  • Bondi spars with Schiff at testy confirmation hearing: ‘You were censured’

    January 16, 2025
  • Legal group sues FDA over puberty blocker records, citing alleged Biden-era cover-up

    August 30, 2025
  • 58 House Dems vote against resolution honoring ‘life and legacy’ of Charlie Kirk

    September 19, 2025
  • One-man Cabinet: Marco Rubio went from rival to Trump’s point man, but can he handle it?

    May 8, 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

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    December 4, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (6,509)
  • Investing (634)
  • Stock (941)

Latest Posts

  • Trump considers former defense attorney Emil Bove for federal appeals court vacancy

    May 19, 2025
  • ‘Squad’ Dems to rally for Cori Bush as she fights for her political life

    August 5, 2024
  • Teen street musician jailed for leading anti-Putin song performance in St. Petersburg: report

    October 16, 2025

Recent Posts

  • House GOP leadership takes victory lap after passing Trump’s ‘one big, beautiful bill’

    May 22, 2025
  • Biden-era guidance encouraged use of Signal app by highly-targeted govt officials: ‘Best practice’

    March 25, 2025
  • Trade Surplus: Key Insights and Impacts on Currency

    August 30, 2024

Editor’s Pick

  • Iran vows retaliation if UN Security Council issues snapback sanctions on anniversary of nuclear deal

    July 14, 2025
  • Dem gubernatorial nominee facing heat for taking donations from CCP-linked tycoon: ‘Disqualifying’

    October 13, 2025
  • Top Senate Intelligence Dem grills Gabbard if Edward Snowden is ‘brave’: ‘Very troubling’

    January 30, 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