Stellar Price Analysis (XLM/USD) On an hourly chart, XML/USD pair continues the downwards pressure. The downtrend was buttressed by the 21 day MA that gravitated above the 7 day MA that signaled a bearish outlook. XLM has down surged by 4.6%, having begun trading at $0.08982 and is currently at $0.08572 over the last 24hrs. The pair’s price experienced sideways price movements after a price fall that placed new resistance level at $0.08986 and support level at $0.08572. Presence of a four-price Doji was also seen repeatedly. This showed that the market dealt with a small number of transactions. The
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A recently published U.S. Internal Revenue Service (IRS) slide describes alarming recommendations on how tax agents should deal with digital currency users who are not paying taxes. The slide recommends that agents question crypto users’ friends and family, comb through social media posts and issue subpoenas to make sure U.S. residents are paying taxes on […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The Stellar is trying to get further up, while the traders are not being much active late this week. On Friday June 14, the XLM is trading around $0.1266. The Stellar has been inside a correction triangle for two months; this triangle is a descending one, but the support at $0.1161 is very strong. The price is quite unlikely to break it out, but still, if this happens, the next target will be at $0.1060. Conversely, if the XLM hits the resistance at $0.1300, it may then get to $0.1622, especially in case 
Stellar (XLM) is a cryptocurrency, a digital asset, a medium of exchange for secure financial transactions. Cryptocurrencies use a decentralized control as opposed to common central banking systems. This decentralization is usually controlled by a distributed ledger technology like blockchain processes. The well-known Bitcoin currency, first released in 2009, is considered as the first decentralized cryptocurrency. However, since its release, over 4.000 alternative cryptocurrencies have been created. Stellar (XLM) is one of them, and it may unveil more value than most current altcoins. The internet is made up of network servers containing our date, websites and applications. Like the Internet, 
Oh what a week! Filled with excitement, FOMO, and most importantly profits. At this point, you are either greedily looking at the charts counting your profits, or kicking yourself for not investing more into crypto or selling too early. To help calm you, let me tell you that regardless of how much profits your made or didn’t make these past couple weeks, when crypto goes up we all win. That’s right, a bullish market means that there is more opportunity whether you own a crypto business, whether you are a crypto trader or even a crypto influencer. At the end 
One of the biggest responsibilities of cryptocurrency owners is safely storing their digital assets. Over the last few years, hardware wallets have become an extremely convenient security solution that has helped in this regard. The BC Vault is a new hardware device with a number of distinctive features. Also read: The Struggle to Buy Bitcoin […]