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XLM Trades Above $0.10 Level; TAMA, a Meme Coin Game Changer

XLM Trades Above $0.10 Level; TAMA, a Meme Coin Game Changer
XLM Trades Above $0.10 Level; TAMA, a Meme Coin Game Changer

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The Stellar price prediction shows XLM breaking above the $0.10 resistance level as the coin crosses above the moving averages.

Stellar Prediction Statistics Data:

  • Stellar price now – $0.11
  • Stellar market cap – $2.8 billion
  • Stellar circulating supply – 25.3 billion
  • Stellar total supply – 50 billion
  • Stellar Coinmarketcap ranking – #28

XLM/USD Market

Key Levels:

Resistance levels: $0.125, $0.135, $0.145

Support levels: $0.095, $0.085, $0.075

XLM/USD is seen refreshing to a new high as the coin spikes to the upside to trade close to the resistance level of $0.120. However, the coin is currently trading at $0.112 with a bullish movement towards the upper boundary of the channel. Meanwhile, if the coin slides below the 9-day and 21-day moving averages, sellers may attempt to return to the market, but the bulls are likely to collect more on the price dips.

Stellar Price Ready to Gain More, Buy Tamadoge Today

The Stellar price can only maintain the uptrend if the newly touched $0.112 resistance level is maintained at all costs. At the time of writing, the technical indicator Relative Strength index (14) is moving to cross above the 60-level to create more bullish signals in the market as this could encourage more buyers to enter the market. However, Stellar (XLM) may continue to maintain the uptrend if the buyers can maintain the bullish movement.

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Nevertheless, if the red line of the 9-day MA crosses above the green line of the 21-day MA, the coin may continue to perform well and the price of Stellar may reach the resistance levels at $0.125, $0.135, and $0.145 respectively. Meanwhile, if the technical indicator decides to make a quick turn below the moving averages, there may be a slight bearish drop which could roll the market down to the support levels of $0.095, $0.085, and $0.075 respectively.

Against Bitcoin, the Stellar price is sliding towards the 9-day and 21-day moving averages as the price touches the daily low at 516 SAT. However, the technical indicator Relative Strength Index (14) nosedives below the 50-level as the coin aims for more downtrends.

XLMBTC – Daily Chart

Moreover, as seen on the daily chart, the critical support level is located at 500 SAT and below but a higher sustainable move may likely cancel the bearish pattern which could attract new buyers coming into the market with the next focus on the resistance level of 570 SAT and above.

Tamadoge is combining the fun of Tamagotchi with the play-to-earn mechanics made possible with NFT technology applied to gaming. Earlier this week, the project completed the sixth phase on the project in which the coin was priced from 1 USDT to 44 TAMA. The price has since increased, to 1 USDT buying 40 TAMA. There will be nine tranches of token sales in all, with the price increasing at each stage. 711 million tokens have been sold so far out of a total of 1 billion that is available in the presale out of a total supply of 2 billion.

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