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Vechain, Chiliz & Stellar Lumens – Asian Wrap 07 Apr.

The Vechain price is aiming for an upward movement of 50% in the coming weeks

The Vechain price is already up 22% and the momentum shows no signs of easing. The breakout above the Fibonacci extension of 3.618 of the 2018-2020 bear market at $ 0.097 is relief for the bullish speculators after failed attempts over the past three weeks.

Chiliz needs a catalyst to unlock the price from the downward drift

The price of Chiliz (CHZ) has been trading in an easy descending channel since mid-March with a complete evaporation of the volume on the daily chart. It shows that there are no buyers and that sellers are crawling to the exits. As a result, CHZ may need a fundamental catalyst to prevent the weak decline since March 12th.

XLM Price Projection: Stellar rally could extend another 34%

The XLM price closed the week beginning March 22nd on a hammer pattern and set the stage for a price hike. Stellar was up nearly 8% for the following week and up 25% this week at the time of writing. Today momentum has stalled just above the convergence of the 3.618 Fibonacci expansion of the 2019-2020 bear market at $ 0.546 and the retracement level of 0.786 of the February crash at $ 0.545.

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