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Stellar Lumens, Cosmos, Coin Price Analysis: 12 September

Source: XLM/USD on TradingView

The mouth of the Bollinger bands was widening towards the upside as price stayed near the upper band. XLM also moved past $0.081, which was its high on the previous bounce.

XLM has started on its road to recovery and could test resistance at $0.094 in the coming days.

The asset occupies the 17th spot on CoinMarketCap with a market cap of $1.74 billion. On 9 and 11 September, when the price saw some movement upward, the 24h trading volume was $120 and $140 million respectively. This value is lower than the daily average of the past couple weeks and meant the recent surge could be reversed.

Cosmos [ATOM]

Stellar Lumens, Cosmos, Coin Price Analysis: 12 September

Source: ATOM/USD on TradingView

ATOM was valued at $5.34 at the time of writing. It was trading beneath $5.4, the 61.8% retracement level of its previous surge in the month of August, highlighted by the Fibonacci Retracement tool.

RSI showed a value of 52, which is neutral. In the past few days, RSI has stayed very close to neutral 50, showing a lack of momentum in the market.

The retracement tool also highlighted some other important levels for ATOM, such as the $4.5 level that represents 78.6% retracement.

ATOM had a capitalization of $1.08 billion, placing it in the 23rd rank on CoinMarketCap. Coin [CRO]

Stellar Lumens, Cosmos, Coin Price Analysis: 12 September

Source: CRO/USD on TradingView

CRO was trading above both its 20 SMA (white) and 50 SMA (yellow) as it spiked from $0.148 to $0.16 in the past few trading sessions. 100 SMA (pink) is likely to act as resistance, with another level of resistance at $0.169 region.

Parabolic SAR gave a buy signal, and traders could use both the moving averages as well as the indicator’s dots to set stop-loss orders and take profit orders. was reported to be taking Binance’s path as its CEO, Kris Marszalek, revealed that the company was going to be a centralized provider launching DeFi products.

CRO held on to a top 10 spot on the list of cryptocurrencies with a capitalization of $3.2 billion.

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