The Revenue Rises
Trending Now
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
DP Trading Room: Key Support Levels for the...
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
Stock Market News UK Update: FTSE 100 &...
Retirees ‘stunned’ as market turmoil over tariffs shrinks...
Week Ahead: NIFTY Set To Open Lower; Relative...
Market Drop Compared to 2020: What You Need...

The Revenue Rises

Economy

Stellar and Bitcoin Cash: Stellar pressures the weekly high

by admin August 23, 2024
August 23, 2024
Stellar and Bitcoin Cash: Stellar pressures the weekly high

Stellar and Bitcoin Cash: Stellar pressures the weekly high

  • The price of Stellar climbed back up to 0.099208 this morning, testing this week’s high there
  • On Wednesday, Bitcoin Cash finally woke up and started a bullish consolidation up to the $355.42 level

Stellar chart analysis

The price of Stellar climbed back up to 0.099208 this morning, testing this week’s high there. This time, we also lost momentum and began to retreat. A daily low price was formed at the 0.0977260 level. Additional support in that zone is the EMA 50 moving average, which did not allow us to continue on the bearish side. After that, a bullish consolidation was initiated, and the price recovered to the 0.098650 level.

We are again close to moving above 0.099000 and testing this week’s resistance level. Potential higher targets are the 0.099500 and 0.100000 levels. For a bearish option, we need a negative consolidation and pullback down to the 0.097500 level. New pressure on this morning’s low would increase momentum on the price of Stellar. Potential lower targets are the 0.970000 and 0.69500 ​​levels.

 

Bitcoin Cash chart analysis

On Wednesday, Bitcoin Cash finally woke up and started a bullish consolidation up to the $355.42 level. After forming the weekly high, the price lost momentum and initiated a pullback to support at $342.00. The further decline was stopped there, and the price started a recovery above the $350.00 level again. We are back above the daily open price, which is positive for a bullish option. Potential higher targets are the $352.00 and $354.00 levels.

For a bearish option, we need a negative consolidation and a drop below the daily open price. This would again signal Bitcoin Cash’s next pullback. With a new bearish impulse, we would see the beginning of a decline and the formation of a new low. Potential lower targets are $348.00 and $346.00 levels. We hope for renewed support in the EMA 200 moving average and the $342.00 level zone.

 

The post Stellar and Bitcoin Cash: Stellar pressures the weekly high appeared first on FinanceBrokerage.

previous post
Exonerated members of Central Park Five warn about Trump at Democratic convention
next post
LMDX Stock’s Collapse Worries Investors. What’s Happening?

Related Posts

Oil Breaks Key Pattern: Oil Volatility & Natural...

November 9, 2024

Dogecoin is in retreat for the second day...

October 9, 2024

The Potential Effect of the US Election on...

October 9, 2024

S&P 500 and Nasdaq: New support and targets...

October 5, 2024

Stock Market News UK Update: FTSE 100 &...

March 22, 2025

Stock Market News UK Update: FTSE 100 &...

March 30, 2025

The dollar index is in a good position...

October 15, 2024

Bitcoin falls to a new weekly low on...

October 2, 2024

Gold and Silver: Gold remains stable in the...

August 1, 2024

Stock Market News UK Update: FTSE 100 &...

April 4, 2025

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Stock Market News UK Update: FTSE 100 & 250 Rise
    • Stock Market News UK Update: FTSE 100 & 250 Rise
    • DP Trading Room: Key Support Levels for the SPY
    • Stock Market News UK Update: FTSE 100 & 250 Rise
    • Stock Market News UK Update: FTSE 100 & 250 Rise

    Popular Posts

    • 1

      Polls show some good early signs for Kamala Harris

      July 26, 2024
    • 2

      Solana and Cardano: Solana is waiting for a new impulse

      July 18, 2024
    • 3

      The presidential race shifts — modestly, so far — toward Harris

      August 6, 2024
    • 4

      Donald Trump’s imaginary and frightening world

      September 23, 2024
    • 5

      DP Trading Room: PMO Sort on Earnings Darlings

      July 18, 2024

    Categories

    • Business (663)
    • Economy (965)
    • Politics (873)
    • Stocks (749)

    Disclaimer: therevenuerises.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 © 2024 The Revenue Rises. All Rights Reserved.