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Despite the temporary consolidation in the cryptocurrency market, Stellar (XLM) has been recording gains on all of its charts, growing its value nearly 100% since the year's turn and sparking hopes it could overtake its all-time high (ATH) and even proceed toward $1.
Stellar's (XLM) price is trading in the middle of a long-term range, having decreased since it reached its yearly high in July.
With a double top at the $0.16 mark, the XLM price trend ends and starts the correction phase. Leading to a 15% drop in late July and early August, the Stellar coin price dropped below the crucial level of $0.014. Following the breakdown, the XLM prices retest broken range with a 4.
In this article we look at the latest relevant news and a price analysis for the crypto assets Stellar (XLM), Cosmos (ATOM) and Binance Coin (BNB).
With OpenAI launching its artificial intelligence (AI) tool ChatGPT, the ensuing hype has given birth to other powerful AI platforms, including Google Bard, which has proven itself useful in cryptocurrency market analysis, including comparisons between assets like Stellar (XLM) and XRP (XRP).
Local authorities in the Indian state of Odisha took down a $120 million crypto Ponzi scheme on Tuesday. Local media revealed that the Economic Offences Wing (EOW) of the state police arrested two central figures behind the fraud that was operating pan-India.
Stellar's (XLM) price trajectory has declined since reaching its highest point of the year on July 13. But, trading inside a short-term pattern could lead to a breakout.
In correlation with the recent downward trajectory observed in XRP's price performance over the past week, Stellar (XLM) has similarly experienced a diminishing trend, mirroring the prevailing bearish sentiment in the cryptocurrency market.
Bitcoin Cash was one of Monday's biggest movers, rising by as much as 5%, despite markets mostly consolidating to start the week. The global crypto market cap has been largely unchanged, with volatility mostly muted. Stellar also rose higher, avoiding a drop below a key support point.
XLM consolidated July gains after flipping 2022/2023 price ceiling to support. Are more gains likely?
In a remarkable display of strength, Amazon.com (NASDAQ: AMZN) has delivered a standout performance in the second quarter, leaving analysts and investors in awe. The e-commerce giant reported earnings that surpassed expectations and provided an upbeat outlook for the next quarter, triggering a surge in its stock price.
The price of Stellar (XLM) has been on a downward trend since its peak for the year on July 13. However, it is also trading within a continuation pattern.
The cryptocurrency market witnessed a remarkable surge in July 2023, with several digital assets showcasing impressive gains. Among the top performers were Maker (MKR), XRP, and XLM, which recorded price increases of 47%, 46%, and 35%, respectively.
The freelancing landscape has witnessed a paradigm shift in recent years, with Upwork (NASDAQ:UPWK) emerging as a leading platform connecting businesses and independent professionals. Investors and analysts are celebrating the company's impressive Q2 results, which have far exceeded expectations, and the bullish outlook on the role of artificial intelligence (AI) in shaping its future growth.
In a day marked by varied price movements, the cryptocurrency market exhibited resilience, offering investors a mix of gains and losses. While the overall market capitalization remained relatively stable, several tokens stood out with impressive performances.
The crypto market is currently consolidating with signs of reversals. In this article, we'll explore the top 5 altcoins to buy in August 2023.
The price of Stellar (XLM) has experienced a decline since reaching its yearly high on July 13. However, it's currently trading within a continuation pattern, which indicates the potential for a breakout in the future.
Failing to rise above the $0.16 resistance level, the XLM coin price forms a double-top pattern in the daily chart. The bearish pattern forms a neckline close to the 23.60% Fibonacci level at $0.142, coinciding with a solid crucial support zone. The long-wick formation candles at $0.
Cryptocurrency giants, bitcoin and ether, meanwhile, lost ground during the month.
In the ever-evolving world of cryptocurrencies, Algorand has emerged as a game-changer, captivating the attention of both seasoned investors and newcomers to the digital assets space. Boasting a robust blockchain and unparalleled transaction speed, Algorand has established itself as a pioneer in the world of smart contract providers.
Solana dropped for a third consecutive session on Tuesday, as the token started the month of August nearly 5% lower. Overall, the global market cap was mostly in the red, dropping by 1.44% as of writing. Stellar fell to a one-week low, following a four-day losing streak of its own.
Amidst the artificial intelligence (AI) frenzy ignited by OpenAI's ChatGPT, the tech landscape has witnessed fierce competition among industry giants eager to unveil their own cutting-edge AI products. One such formidable contender is Google Bard, a generative AI offering brought to the fore by Alphabet (NASDAQ: GOOGL).
Stellar lumen price is attempting a fresh increase from the $0.14 zone against the US Dollar. XLM price is now trading above $0.150 and the 55 simple moving average (4 hours).
Shibburn wallet tracker has reported that since last morning a better than nothing progress in SHIB burns has been achieved as the burn rate of this popular meme coin has gone up by a couple of hundred percent.
