Stellar XLM technical analysis

XLM trades at $0.148385, up 2.17% in 24 hours, still within a daily downtrend below the SMA20 at 0.163235, SMA50 at 0.187012 and SMA200 at 0.182638. Momentum is weak: 4h RSI14 is 45 and 1D RSI14 is 31.

Price is battling the 0.1496-0.1501 resistance (2 touches), just above the SMA20 at 0.14932. Below sit supports at 0.145878-0.146322 (1 touch) and 0.143-0.1438 (2 touches); above, resistance at 0.151478-0.151922 (2 touches) and 0.154378-0.154822 (1 touch).

Bulls would need a hold above 0.1501 and then 0.151922 to challenge 0.154822. Bears need a break below 0.145878 to target 0.1438, with the falling trendlines near 0.169788 on 4h and 0.1599 on 1D framing the larger caps.