In 1 hour candles we see how the price has formed a descending channel, where also, in this last hour, the price has bounced down from the dynamic support of the 50 moving average.
In the short term, we could see Stellar drop to support at $ 0.12. Although unlikely, it could push the price straight up by breaking the descending channel and visiting the $ 0.15 support, which also coincides with the 50 moving average in 1-day candles.
In the short term, we could see Stellar drop to support at $ 0.12. Although unlikely, it could push the price straight up by breaking the descending channel and visiting the $ 0.15 support, which also coincides with the 50 moving average in 1-day candles.