Stellar digital currency analysis and expected scenarios

A pending buying opportunity for the Stellar cryptocurrency

 

The Stellar cryptocurrency is moving in a general upward trend on the daily frame.

Currently, there is a correction wave on the currency, pushing it down

and focusing on the demand zones at the 0.3998 level.

Currently, we have more than one scenario.


The first scenario is for the cryptocurrency to rise in the event of a break and close

above the minor downtrend shown on the chart.

The upward trend is expected with targets at the 0.4600 and 0.5100 levels.


The second scenario is for a downward trend and a continuation of the current correction.

This will only occur if the currency breaks and closes below the current demand zones.

The downward trend is expected with targets at the 0.3300 and 0.2900 levels.


Currently, we are in the wait-and-see mode, and the currency may tend

 to rise further, triggering the first scenario.

If entering, please pay careful attention to capital management.