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30 December 2019 - XLM/ USD – Hourly

In this Hourly chart of Stellar/ US dollar (XLM/ USD), there is an appreciating range from 0.045649 to 0.046282. We can observe that the market then depreciated to the 0.045807 area (identified by the blue up arrow), right around the 0.0457983 area that represents the 76.4% retracement of the appreciating range.   The move lower to the 0.045807 area was also right around the 50-bar MA (hourly). We can observe the market then appreciated to the 0.046401 area and then depreciated to the 0.045774 area (identified by the second blue up arrow), just below the 0.0457983 area that represents the 76.4%...

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Charlie Lee Talks On Stellar Token Burn

Several big crypto platforms formed the Crypto Rating Council earlier this year, back in October.  The new move was set up in order to give cryptocurrencies ratings (hence the name). The Ratings Council was initially made in an attempt to influence the Securities and Exchange Commission (SEC). The new move was set up in order to give cryptocurrencies ratings (hence the name). It suggested that Ripple’s XRP uses “securities-like language,” whereas other digital assets like Bitcoin and Litecoin don’t. Just a couple of months after its launch, former lead maintainer for Monero, Riccardo Spagni, the creator of Litecoin Charlie Lee,...

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Is Stellar Lumens (XLM) About To Pump Again?

Stellar Lumens (XLM) is trading in a similar falling wedge that we have recently spotted on Bitcoin (BTC) and Ethereum (ETH). However, in the case of XLM/USD, this falling wedge has the potential to lead to a much more aggressive breakout that could see the price rally all the way towards the $0.0625 mark before it resumes its downtrend. It will be very unlikely for Stellar (XLM) to make a decisive break past the 200 moving average but we could definitely see another pump similar to what we saw towards the end of last year. This would inflict serious pain...

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15 December 2019 - XLM/ EUR – 15-minute

In this 15-minute chart of Stellar/ Euro (XLM/ EUR), there is a depreciating range from 0.047717 to 0.045210. There is then an appreciating range from 0.045210 to 0.046113. During the appreciation, we can see the market traded as high as the 0.46113 area (identified by the red down arrow), just below the 0.04616674 level that represents the 38.2% retracement of the depreciating range. The market then depreciated to the 0.045407 area (identified by the blue up arrow), just below the 0.045423108 level that represents the 76.4% retracement of the appreciating range. The market continues to appreciate. Using Slow Stochastics, we...

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Important Things To Know About XRP And Stellar

How Smiliar are XRP & Stellar? Can the two rivals work well together When you research Ripple XRP and Stellar XLM, you will come across a number of similarities. This is because as cryptocurrency projects, this pair have quite similar goals and objectives in mind. They both want to remain as top cryptocurrencies and they also want to transform the international payment sector, though, as you may know Ripple and Stellar as companies are going about this in very different ways. The two are rivals in a sense, but in many other ways they can actually compliment each other and...

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