Stellar’s market stalls as Nano, HedgeTrade continue to gain momentum
bitcoinschannel.com
Since the 55% drop on 12 March, the coin has been on an upward run, maintaining constant support at $0.036. However, the attached chart indicated the formation of a symmetrical triangle, one highlighting a 40% chance for a downward breakout
The CMF indicator lay at -0.04, hinting at a downward price outbreak.
Like Stellar, Nano, after the 57% drop on 12 March, maintained a stable price level for over a week. As seen in the attached chart, the coin had been trending upwards since mid-December 2019, but the market crash on 12 March pushed down the price by 40%.
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