A bearish outlook is observed in the last 24hrs. The downward price rally has been buttressed by both moving averages which are heading south.
The day began when the XLM/USD pairs where trading at $0.13681; it was then further dropped to a low of $0.13090. The resistance level is seen at $0.14020 and support level (S) is seen at $0.13371. The 7 days MA is seen above the 21-day MA earlier during the day indicating a bullish signal; this was later followed by an upward price rally (A) that breached resistance
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