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

Stellar and Bitcoin Cash: Stellar is trying a new recovery

by August 29, 2024
written by August 29, 2024

Stellar and Bitcoin Cash: Stellar is trying a new recovery

The price of Stellar fell to a new weekly low yesterday at the 0.090644 level
Bitcoin Cash retreated to the $314.44 level yesterday, forming a new weekly low there

Stellar chart analysis

The price of Stellar fell to a new weekly low yesterday at the 0.090644 level. After that, we quickly consolidated and started a recovery that continues today. A new daily high was formed at the 0.094000 level, and based on that, we can hope for further growth on the bullish side. We are close to moving above the EMA50 moving average and getting its support.

Potential higher targets are 0.095000 and 0.096000 levels. In the 0.097000 zone we will have significant resistance in the EMA200 moving average. For a bearish option, the price of Stellar must go back down below the 0.092500 level. With that, we move below the daily open level. This will strengthen the bearish momentum to start a further retreat and the formation of a new low. Potential lower targets are 0.092000 and 0.091000 levels.

 

Bitcoin Cash chart analysis

Bitcoin Cash retreated to the $314.44 level yesterday, forming a new weekly low there. After a short consolidation, the price began to recover and is now at the $328.00 level. We are trying to move above the EMA 50 moving average and get its support. If we succeed in this, the chances of us starting a bigger recovery increase.

Potential higher targets are the $335.00 and $340.00 levels. At $340.00, we will try to break the 200 EMA to continue the resistance to the previous highs. For a bearish option, we need a negative consolidation and pullback to the $320.00 level. This brings us back below the daily open level and increases the pressure on the price to start a further retreat. Potential lower targets are the $315.00 and $310.00 levels.

 

The post Stellar and Bitcoin Cash: Stellar is trying a new recovery appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Solana and Cardano: Cardano has recovered to the EMA 200
next post
EURGBP and EURCHF: EURCHF halted its fall this morning

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

Kraken Rolls Out Commission-Free Stock Trading

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

  • Understanding Forex Trading: A Comprehensive Overview

    September 13, 2024
  • My friend Melania Trump is finally telling her story. Let’s take a moment to hear her out

    October 4, 2024
  • Kamala Harris still unclear on whether she would stop weapons shipments to Israel

    September 3, 2024
  • SENS. BERNIE SANDERS AND JOSH HAWLEY: Cap credit card interest rates at 10%

    February 13, 2025
  • White House highlights Pelosi hypocrisy after Schiff demands Trump admin financial, ethics docs

    June 5, 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 (5,005)
  • Investing (634)
  • Stock (809)

Latest Posts

  • Warren explains her applause to Trump’s ‘Pocahontas’ jab during his speech to Congress

    March 6, 2025
  • President-elect Trump to meet Biden in Oval Office Wednesday

    November 9, 2024
  • VP Vance blasts McConnell’s vote against Trump Pentagon nominee: ‘Political pettiness’

    April 9, 2025

Recent Posts

  • Trump eyes Abraham Accords expansion, Gaza rebuild with Netanyahu meeting on deck

    February 4, 2025
  • Booker delivering marathon Senate speech against Trump admin, Elon Musk: ‘Inflicted so much harm’

    April 1, 2025
  • REBECCA GRANT: America has a drone problem, and no one is in charge

    December 14, 2024

Editor’s Pick

  • Mike Tyson, Jake Paul fight was the most streamed sporting event ever, Netflix says

    November 20, 2024
  • Holo Stock Analysis: Market Volatility and Future Forecasts

    September 3, 2024
  • Apple iPhone’s voice-to-text feature periodically shows ‘Trump’ when user says ‘racist’

    February 25, 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