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

Stellar under pressure since Saturday drops to a new low

by August 27, 2024
written by August 27, 2024

Stellar under pressure since Saturday drops to a new low

The price of Stellar is under a lot of pressure after climbing to 0.103666 on Saturday
Since Saturday, the price of Bitcoin Cash has been in a bearish trend

Stellar chart analysis

The price of Stellar is under a lot of pressure after climbing to 0.103666 on Saturday. From there, a bearish consolidation was initiated and a drop below the 0.100000 level. We have been under additional pressure since yesterday after falling below the EMA 200 moving average. Bearish momentum continued today to a new low at 0.095555 levels. For now, we are holding above and trying to stop further pullbacks.

Potential lower targets are the 0.095000 and 0.094000 levels. For a bullish option, we need the Stellar price to return above the 0.09700 level, the daily open price. That’s why we need to try to stay on top. If we succeed, we can hope to start a bullish consolidation and further recovery. Potential higher targets are the 0.098000 and 0.099000 levels.

 

Bitcoin Cash chart analysis

Since Saturday, the price of Bitcoin Cash has been in a bearish trend. After forming last week’s high at $370.58, the price began to retreat from that level. Yesterday, we saw a break below the EMA 200 moving average, which further strengthened the bearish momentum, pushing the price to a new low at the $340.00 level. Last night, we stopped there and recovered up to the $347.50 level. After that, another bearish consolidation was initiated, this time to $337.42 to a new weekly low.

Potential lower targets are the $336.00 and $334.00 levels. For a bullish option, we need a positive consolidation and return of Bitcoin Cash above the daily open price of $342.50. Then, we need to stabilize there before continuing to the bullish side. Potential higher targets are the $344.00 and $346.00 levels.

 

The post Stellar under pressure since Saturday drops to a new low appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Falling Stock, Nvidia Braces for Critical Earnings Report
next post
Biden is in charge of country on second straight vacation, White House insists

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

  • ApeCoin and Akita Inu: ApeCoin tries to retain new support

    September 3, 2024
  • Top 5 moments from Rubio’s Senate confirmation hearing: ‘I get bilingual protesters’

    January 16, 2025
  • Barry’s Bootcamp announces new investment as others exit boutique fitness category

    January 14, 2025
  • Dems weaponize Medicaid anxiety in bid to take down Trump-backed federal funding plan

    March 10, 2025
  • Federal judge hints she will continue blocking Trump from firing head of whistleblower protection agency

    February 26, 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

    Forex Profit Calculator: Maximize Your Trading Potential

    July 10, 2024
  • 4

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

    July 19, 2024
  • 5

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

    July 17, 2024

Categories

  • Economy (829)
  • Editor's Pick (4,735)
  • Investing (624)
  • Stock (775)

Latest Posts

  • Susan Collins vows to oppose Trump FBI director nominee Kash Patel ahead of critical vote

    February 20, 2025
  • USDCHF and USDJPY: New Weekly Targets and Prices

    October 7, 2024
  • Starbucks CEO is out after just over a year, replaced by Chipotle’s CEO

    August 14, 2024

Recent Posts

  • Federal appeals court sides with Trump on firing head of watchdog agency

    March 6, 2025
  • Trump FBI director nominee Kash Patel picks up support from key GOP senator

    February 19, 2025
  • Deutsche Bank thinks Corning’s stock can reach $46: Should you buy?

    July 31, 2024

Editor’s Pick

  • Trump calls for Jordan, Egypt to accept more Palestinian refugees: ‘Clean out that whole thing’

    January 26, 2025
  • Retirees ‘stunned’ as market turmoil over tariffs shrinks their 401(k)s

    April 6, 2025
  • ‘Despicable human being’: McConnell’s 2020 thoughts on ‘sleazeball’ Trump revealed in new book

    October 17, 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