Stellar (XLM) Turns Bullish, Can the $0.386 Wall Finally Break?
Stellar (XLM) has finally broken its silence with a fresh bullish signal, sparking renewed optimism in the altcoin market. After weeks of sideways trading, the SuperTrend indicator has turned bullish for the first time since late August, according to trader Ali (@ali_charts). Related Reading: This Bitcoin Cycle Changes Everything, Real Vision Analyst Explains Why XLM now faces a decisive test at the $0.386 resistance, a level where sellers have repeatedly pushed back in recent weeks. The bullish reversal came as XLM established support at $0.363, creating a stronger floor for accumulation.....
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Remember Jed McCaleb's Secret Bitcoin Project we wrote about in early February? We're finally getting some more information about it via a Wall Street Journal report. Before we get in to it, you should probably know who Jed McCaleb is by now. If not, he's the original founder of Mt. Gox (which he subsequently sold to Mark Karpeles in 2011) and Ripple. McCaleb's project - which isn't quite so secret anymore - is called Stellar, located at Stellar.org. Stellar is more of a protocol than anything else, allowing consumers to easily send money in different currencies. Description from the....
Stellar, the long-secret digital currency project helmed by industry entrepreneur Jed McCaleb, has officially launched. McCaleb is the original founder of defunct Japanese bitcoin exchange Mt. Gox and a co-founder of digital currency-focused payment network Ripple Labs. The new platform is a decentralized gateway for digital currency to fiat currency transfers, The Wall Street Journal reports. Like Ripple and bitcoin, Stellar will act as a public transaction authenticator and feature its own in-house digital currency called 'stellar'. McCaleb's announcement follows months of rumors about....
Stellar (XLM) is attempting to reclaim a recently lost level that could propel the price to a retest of a key resistance zone. Some market watchers suggested that its price could be preparing for a massive surge to a new all-time high (ATH). Related Reading: Cardano 125% Pump Coming? Analyst Says ADA ‘Could Be Poised’ For Rally To $2.20 Stellar Getting Ready For 300% Breakout Stellar has seen a 9% surge in the past day, recovering from this week’s market dump and rallying to the $0.30 mark again. According to crypto analyst Ali Martinez, Stellar could witness a 300% breakout soon as the....
Although it has yet to overtake Ripple, Jed McCaleb's Stellar has performed respectably in its first several months. The payment gateway's native currency has consistently remained in the top-twenty on the market cap charts. However, the stellar price has not been living up to its name over the past couple weeks. Also read: Stellar Price Rises Despite Bitcion Price Drop. Stellar Price Reaches Three-Week Low. On October 9, the stellar price fell to 662 satoshis, which marked a three-week low for Ripple co-founder Jed McCaleb's latest altcoin project. As recently as September 29, the stellar....
Stellar (XLM) started a strong increase above the $0.1350 resistance against the US Dollar. XLM price is trading nicely above $0.1500 and it could continue to rise towards $0.1800 or $0.2000. There was a steady increase in stellar’s token price above $0.1350 against the US dollar. The traded close to the $0.1680 resistance and settle […]