The Revenue Rises
  • Politics
  • Stocks
  • Business
  • Economy
Trending Now
S&P 500 Earnings for 2025 Q1 — Still...
Money’s Not Leaving the Market — It’s Rotating!
From Oversold to Opportunity: Small Caps on the...
Tariffs and weaker beer demand are weighing on...
Essence Fest leads a summer of events for...
Pullbacks & Reversals: Stocks Setting Up for Big...
S&P 500 Earnings for 2025 Q1 — Still...
Market Signals Align – Is a Bigger Move...
MACD Crossovers: Why Most Traders Get It Wrong
Should You Buy Roblox Stock Now? Key Levels...

The Revenue Rises

  • Politics
  • Stocks
  • Business
  • Economy
Economy

Stellar under pressure since Saturday drops to a new low

by admin August 28, 2024
August 28, 2024
Stellar under pressure since Saturday drops to a new low

Stellar under pressure since Saturday drops to a new low

  • The price of Stellar is under a lot of pressure after climbing to 0.103666 on Saturday
  • Since Saturday, the price of Bitcoin Cash has been in a bearish trend

Stellar chart analysis

The price of Stellar is under a lot of pressure after climbing to 0.103666 on Saturday. From there, a bearish consolidation was initiated and a drop below the 0.100000 level. We have been under additional pressure since yesterday after falling below the EMA 200 moving average. Bearish momentum continued today to a new low at 0.095555 levels. For now, we are holding above and trying to stop further pullbacks.

Potential lower targets are the 0.095000 and 0.094000 levels. For a bullish option, we need the Stellar price to return above the 0.09700 level, the daily open price. That’s why we need to try to stay on top. If we succeed, we can hope to start a bullish consolidation and further recovery. Potential higher targets are the 0.098000 and 0.099000 levels.

 

Bitcoin Cash chart analysis

Since Saturday, the price of Bitcoin Cash has been in a bearish trend. After forming last week’s high at $370.58, the price began to retreat from that level. Yesterday, we saw a break below the EMA 200 moving average, which further strengthened the bearish momentum, pushing the price to a new low at the $340.00 level. Last night, we stopped there and recovered up to the $347.50 level. After that, another bearish consolidation was initiated, this time to $337.42 to a new weekly low.

Potential lower targets are the $336.00 and $334.00 levels. For a bullish option, we need a positive consolidation and return of Bitcoin Cash above the daily open price of $342.50. Then, we need to stabilize there before continuing to the bullish side. Potential higher targets are the $344.00 and $346.00 levels.

 

The post Stellar under pressure since Saturday drops to a new low appeared first on FinanceBrokerage.

previous post
Rent the Runway: Fashion Leader with Stock on the Rise
next post
Three Technology Stocks in Make or Break Scenarios

Related Posts

The Euro index on the bearish side since...

August 16, 2024

S&P 500 and Nasdaq: Prices and Targets for...

October 29, 2024

AUDUSD and AUDNZD: AUDUSD near new weekly high

August 17, 2024

S&P 500 and Nasdaq close to erasing last...

September 14, 2024

S&P 500 and Nasdaq: Targets and Prices for...

October 14, 2024

EURAUD and EURNZD: EURNZD crosses resistance at 1.8000

July 20, 2024

Dogecoin and Shiba Inu: Daily Targets and Prices

September 27, 2024

S&P 500 and Nasdaq: Prices and Targets for...

October 26, 2024

Stock Futures Lower after S&P 500 futures ticked...

January 12, 2025

Buy Bitcoin Under $100K Before The Next Bull...

June 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

    • S&P 500 Earnings for 2025 Q1 — Still Overvalued
    • Money’s Not Leaving the Market — It’s Rotating!
    • From Oversold to Opportunity: Small Caps on the Move
    • Tariffs and weaker beer demand are weighing on Modelo owner Constellation Brands
    • Essence Fest leads a summer of events for Black entrepreneurs galvanized by economic uncertainty

    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

      Bitcoin Rebounds to $83,404 Amid Renewed Investor Confidence

      June 4, 2025

    Categories

    • Business (729)
    • Economy (975)
    • Politics (873)
    • Stocks (867)
    • About us
    • Privacy Policy
    • Terms & Conditions

    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.