
Stellar: ⬇️ Sell
– Stellar reversed from strong resistance level 0.3515
– Likely to fall to support level 0.3000
Stellar cryptocurrency recently reversed down from the strong resistance level 0.3515 (former strong support from August and September, acting as resistance after it was broken recently).
The resistance level 0.3515 was strengthened by the 78.6% Fibonacci correction of the previous sharp downward impulse from the start of October.
Given the strong daily downtrend, Stellar cryptocurrency can be expected to fall to the next round support level 0.3000.
Source: https://fxpro.news