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XLMUSD - 4h Chart Analysis

Like Ethereum, Stellar also recovered a little bit of ground against the US Dollar starting with the 19th of September pushed mainly by the total market capitalization which went above the level of $200 B.

The RSI has neutral position, the Stochastic is indicating that the price might slightly continue to increase while the MACD seems to try crossing the Signal line which can also be considered as a bullish signal.

On top of that, the resistance level of 0.2559$ has been broken today so the next level which can be considered a target price is 0.2679$ (Resistance Level 2).

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