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

Stellar and Bitcoin Cash: Stellar pressures the weekly high

by August 22, 2024
written by August 22, 2024

Stellar and Bitcoin Cash: Stellar pressures the weekly high

The price of Stellar climbed back up to 0.099208 this morning, testing this week’s high there
On Wednesday, Bitcoin Cash finally woke up and started a bullish consolidation up to the $355.42 level

Stellar chart analysis

The price of Stellar climbed back up to 0.099208 this morning, testing this week’s high there. This time, we also lost momentum and began to retreat. A daily low price was formed at the 0.0977260 level. Additional support in that zone is the EMA 50 moving average, which did not allow us to continue on the bearish side. After that, a bullish consolidation was initiated, and the price recovered to the 0.098650 level.

We are again close to moving above 0.099000 and testing this week’s resistance level. Potential higher targets are the 0.099500 and 0.100000 levels. For a bearish option, we need a negative consolidation and pullback down to the 0.097500 level. New pressure on this morning’s low would increase momentum on the price of Stellar. Potential lower targets are the 0.970000 and 0.69500 ​​levels.

 

Bitcoin Cash chart analysis

On Wednesday, Bitcoin Cash finally woke up and started a bullish consolidation up to the $355.42 level. After forming the weekly high, the price lost momentum and initiated a pullback to support at $342.00. The further decline was stopped there, and the price started a recovery above the $350.00 level again. We are back above the daily open price, which is positive for a bullish option. Potential higher targets are the $352.00 and $354.00 levels.

For a bearish option, we need a negative consolidation and a drop below the daily open price. This would again signal Bitcoin Cash’s next pullback. With a new bearish impulse, we would see the beginning of a decline and the formation of a new low. Potential lower targets are $348.00 and $346.00 levels. We hope for renewed support in the EMA 200 moving average and the $342.00 level zone.

 

The post Stellar and Bitcoin Cash: Stellar pressures the weekly high appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
EURGBP and EURCHF: EURCHF continues with pullback
next post
LMDX Stock’s Collapse Worries Investors. What’s Happening?

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

  • Federal judge delays unions’ request to block DOGE access to agency information

    February 15, 2025
  • Congress unveils bill to avert Friday government shutdown with over $100B in disaster aid

    December 18, 2024
  • Marco Rubio to Chinese foreign minister: Trump will put ‘American people first’ in US-China relations

    January 25, 2025
  • Bitcoin Price Dip Below $80K Amid Trade Tariff Fears

    April 9, 2025
  • Biden-era guidance encouraged use of Signal app by highly-targeted govt officials: ‘Best practice’

    March 25, 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

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

    December 4, 2024
  • 3

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

    July 19, 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 (5,212)
  • Investing (634)
  • Stock (827)

Latest Posts

  • Cardi B suffers teleprompter glitch during Harris rally in Wisconsin

    November 2, 2024
  • From ‘food justice’ to ‘useless surveys,’ Trump’s Cabinet reveals ‘nonsensical’ contracts it has canceled

    March 24, 2025
  • $1,300 coffee cups, 8,000% overpay for soap dispensers show waste as DOGE locks in on Pentagon

    February 11, 2025

Recent Posts

  • ‘Dumb thing for her to do’: Rift between Harris and Biden camps causing internal disruptions, sources say

    October 15, 2024
  • These are the ‘Dirty 15’ countries Trump might target with Liberation Day tariffs

    April 2, 2025
  • Public opinion turns against Trump-backed tax and spending bill, new survey finds

    June 12, 2025

Editor’s Pick

  • Trump NIH appointee defends president’s research funding cuts, lays out new vision for future

    March 5, 2025
  • Tesla agrees to first deal to build China’s largest grid-scale battery power plant

    June 21, 2025
  • Supreme Court to hear case on LGBTQ-themed storybooks and parents’ right to opt out

    April 22, 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