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

Stellar and Bitcoin Cash: Stellar bounced back to EMA 200 

by September 3, 2024
written by September 3, 2024

Stellar and Bitcoin Cash: Stellar bounced back to EMA 200 

The price of Stellar retreated to 0.089263 levels during the week, a new four-week low
Last week’s low price of Bitcoin Cash was formed on Sunday at the $310.60 level

Stellar chart analysis

The price of Stellar retreated to 0.089263 levels during the week, a new four-week low. Soon after, the price started a bullish consolidation and climbed above the EMA 50 moving average and the 0.091500 level. With the new support, we continued on the bullish side until this morning at 0.093600. There, we met the EMA 200 moving average, which at that moment did not allow us to continue above.

This has caused Stellar to pull back slightly to 0.093000, where it is gaining new support. Now, we will again try to move above the EMA 200 and strengthen the bullish momentum. Potential higher targets are 0.094000 and 0.094500 levels. We need a negative consolidation down to the 0.092500 level for a bearish option. In this zone, we will test the daily open price and EMA 50. The inability to hold above will create an impulse to a new daily low. Potential lower targets are 0.092000 and 0.091500 levels.

 

Bitcoin Cash chart analysis

Last week’s low price of Bitcoin Cash was formed on Sunday at the $310.60 level. After its formation, a bullish consolidation was initiated above $320.00 and the EMA 50 moving average. We didn’t stop there, but we continued up to $326.25. Bitcoin Cash stopped at that level and started a pullback to the $318.50 level. Now, we are trying to hold on here and stop further retreat.

Potential lower targets are the $318.00 and $316.00 levels. For a bullish option, we need a return above the $324.00 daily open price. This moves us back to the positive side, and we expect to see a continuation to the bullish side. Potential higher targets are the $326.00 and $328.00 levels. Additional significant resistance will be found in the EMA 200 moving average around $327.00.

 

The post Stellar and Bitcoin Cash: Stellar bounced back to EMA 200  appeared first on FinanceBrokerage.

0 comment
0
FacebookTwitterPinterestEmail

previous post
Nifty continues to make new all-time highs this week as well
next post
Ripple and Tron: Tron descends to a new weekly low

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

  • Ford Stock: Is it a Good Sell or Buy?

    July 26, 2024
  • Trump reveals who was behind Signal text chain leak

    March 25, 2025
  • House launches poll watcher program amid GOP-wide push for election security

    September 10, 2024
  • Pepsi reports weakness in snacks segment as stock slides

    July 11, 2024
  • DAVID MARCUS: Kamala Harris’ newest vibe is fading momentum

    September 2, 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

    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 (4,696)
  • Investing (624)
  • Stock (770)

Latest Posts

  • Stefanik meets with senators as Trump’s UN ambassador nominee, touts ‘America First peace through strength’

    November 22, 2024
  • HHS probing hospital over firing of nurse who blew whistle on minors getting gender treatments

    April 18, 2025
  • Biden team reportedly considering preemptive pardons for Fauci, Schiff, other Trump ‘targets’

    December 5, 2024

Recent Posts

  • Chevron to relocate HQ to Texas amid political shifts: Is Kamala Harris a threat to Big Oil?

    August 2, 2024
  • Google forcing some remote workers to come back 3 days a week or lose their jobs

    April 24, 2025
  • Vance visits Capitol Hill to urge senators to confirm Elbridge Colby for Pentagon No. 3 post

    March 4, 2025

Editor’s Pick

  • Israel’s Netanyahu departs for US to meet with Trump, hoping to strengthen ties with Washington

    February 2, 2025
  • Google loses antitrust case over search

    August 7, 2024
  • Biden vetoes bill that would have given Trump more judicial seats to fill

    December 24, 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