In our last Stellar price prediction , we wrote that the price could fall another 60% in the next few months. But we didn't look at the subordinate chart and therefore didn't evaluate how the course could develop in the next few weeks. Today we want to explain to you how the Stellar course could continue in the next few days / weeks so that you can benefit.
Stellar price breaks resistance! Is the 10% rise coming?
Stellar price broke the $0.2070 resistance today. However, the resistance has not yet been confirmed as the price has not yet closed the day above the resistance. Since today's volume on the Stellar price is relatively high, we already expect a confirmed break of the resistance in the future. If this happens in such a way that the price has a daily close above resistance, we would be bullish.
How far can the price go up?
If the Stellar price breaks the resistance, we assume that we will target the next resistance. This is around $0.23 and would record a price gain of around 10%. After the price breaks the resistance, the price might drop again to $0.2070. That would be the target of the next correction. Don't forget the parent chart, though. In this we remain bearish and could reach the target price of around $0.09.
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