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Altcoins & DeFi

Stellar Lumens (XLM) Trade Below 200-Day Average as Band Readings Diverge

Image: TokenPost

Stellar Lumens (XLM) fell 5.95% over 24 hours to about $0.18 by 4 a.m. ET (08:00 UTC) Oct. 15, while a separate, more precise snapshot showed it below the 200-day average but above the lower Bollinger Band. At 3:48 a.m. ET (07:48 UTC), XLM was $0.1796, compared with a $0.1823 200-day simple moving average and a $0.1771 lower Bollinger Band. By 4 a.m., the price and both indicators were rounded to $0.18, so that snapshot did not establish whether XLM touched the band. The 4 a.m. reading listed the seven-day simple moving average at $0.19, the 20-day at $0.21 and the 50-day at $0.20. The 12-day and 26-day exponential moving averages were each $0.20.

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