Stellar Lumens climbed back above the USD 0.38 level and is likely to test the USD 0.43 supply level in the coming days. Hedera Hashgraph broke out of a consolidation phase and was able to rise above $ 0.45 shortly. Ethereum Classic encountered resistance at $ 12.5.
Stellar lumens [XLM]
Source: XLM / USD on TradingView
Using the Fibonacci retracement values recorded for a short-term decline from XLM from $ 0.438 to $ 0.342, it can be seen that XLM has recovered well from the decline in the past few days. In one significant volume trading session, XLM rose from near $ 0.38 to $ 0.41, and in that session the price also rose above the 50% retracement level.
The price was retested as well as a support level. The RSI rose above the neutral 50 on the 4-hour chart and it is likely that XLM will rebound towards the $ 0.43 supply area in the coming days.
Hedera hash graph [HBAR]
Source: HBAR / USDT on TradingView
The charts showed a strong bullish history for HBAR in the short and medium term. The OBV has been in a steady uptrend throughout March and the HBAR has been consolidating between $ 0.31 and $ 0.35 in the past few weeks.
In the past few hours, HBAR rose above the $ 0.355 level and retested to confirm it shortly as support. Trading volume was above average and the MACD was also trending up, signaling upward momentum.
Ethereum Classic [ETC]
Source: ETC / USDT on TradingView
Ethereum Classic had notable resistance in the $ 12.4-12.5 range. After several attempts to break this level, the bulls have been lowered to $ 10.8 in the past few days and since then the price has rebounded but with little trading volume.
The Awesome Oscillator also hovered around the zero lines and moved into bullish territory 24 hours ago, but has not shown any significant upward movement since then.
The Chaikin Money Flow stayed above +0.05 to indicate buyer dominance in the market. However, the $ 12.5 level is the most important level to watch out for.
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