Quotes of digital currency Stellar continue to move within the correction and the ascending channel. At the time of the publication of the forecast, the cost of Stellar to the US dollar is 0.1084. At the moment, we should expect an attempt to reduce and test the support level near the area of 0.1050. Then rebound and continued growth of the digital asset in the area above the level of 0.1250.
Stellar Lumens price forecast March 16, 2019
A test of the trend line on the relative strength index (RSI) will be in favor of raising the XLM/USD quotes. The second signal will be a rebound from the lower boundary of the rising channel. Cancellation option growth rate Stellar March 16, 2019 will fall and the breakdown level of 0.1000. This will indicate a breakdown of the lower boundary of the rising channel and the continuation of the fall in the XLM/USD digital asset quotes to the area below the level of 0.0900. Confirmation of growth will be the breakdown of the upper boundary of the ascending channel and closing above the level of 0.1150.
Stellar Lumens price forecast March 16, 2019 implies an attempt to test the support level near the area of 0.1050. Where can we expect a rebound and the continued growth rate of Stellar with a goal above the level of 0.1250. An additional signal in favor of the growth of the digital asset will be a test of the trend line on the relative strength index (RSI). Cancellation of the growth option will be the breakdown of the support area and closing quotes below the level of 0.0900.