
April 4th, 2025
Micropayments startup SatoshiPay has partnered with Europe’s largest digital publishing house, Axel Springer SE, to process blockchain payments for its content globally.
In case the bulls defend the demand level of $0.07 and increase their momentum, there will be a change of trend to the north side and Stellar price may incline towards $0.10 supply level. If not downtrend continues.
eToro, the global multi-asset investment platform, is expanding the list of crypto assets available to its users. ZCash has become the 14th digital asset added.
Further increase of the bears’ pressure may push the coin to its previous low and in case the bulls defend this level of $0.09 Stellar price may have its resistance at $0.13 price level.
In case the bears exert more pressure on the Stellar price and the demand level of $0.10 does not hold the coin will fall and may have its support at $0.09 – $0.06.
Continuation of the bears’ pressure will lead to the penetration of the demand level of $0.10 in which the previous low ($0.09 price level) will be the target of Stellar price. Only when the $0.10 price level hold that will make the coin rally to the north.
A close of a big bullish candle above the $0.12 or a clear penetration of a bearish candle below it is expected, should there be a breach below $0.10, wait for the Stellar pullback and place sell position with taking profit at $0.09.
Blockchain pioneer Jed McCaleb, known for cofounding Mt.Gox, Ripple and Stellar, called Tron and 90% of other crypto-related projects ‘just garbage’ in a recent interview to Yahoo! Finance.
EOS has posted the healthiest performance in the top 20 cryptos surging over 25% in one month. The EOS price activity shows that there is a big confidence developing among investors, which’s likely to grow further in 2019.
The first candle formed at the opening of the market on the daily chart is bearish, broken the supply level of $0.12 downside indicating a probability that Stellar will resume its bearish trend which may have its support at the previous low of $0.09.
Should the bulls increase its momentum and breakout at the supply level of $0.15 Stellar traders can place a long position trade setup.
After literally months of waiting, a cryptocurrency market bounces forward and the majority of cryptos started to gain double figures on the day with a $10 billion injection pumps crypto markets.
Bitcoin price continues to slip further making new lows. On Friday, Bitcoin corrected over 3.5% to go below $3300 levels.
A breakdown at the demand level of $0.09 may be a short position with good candle pattern as confirmation for entries. Traders are advised to be patient before taking any position.
Coinbase is exploring a possibility to add support for a list of 31 coins, including XRP that is currently the second-largest cryptocurrency by market cap.