Ethereum Classic, Hedera Hashgraph, Stellar Lumens Price Movement Analysis for 29th March, 2021

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At $12.5, Ethereum Classic experienced opposition. Hedera Hashgraph has arisen from a time of consolidation and is poised to reach $0.45 in the near future. Stellar Lumens regained control of the $0.38 supply level and was expected to test the $0.43 supply level in the coming days.

Ethereum Classic [ETC]

Ethereum Classic encountered significant resistance in the $12.4-$12.5 range. Bulls were knocked down to $10.8 in the last few days after several attempts at breaking through this amount, and the market has since stabilised but on poor trading volume.

The Awesome Oscillator was still floating along the zero axis, and it passed into bullish territory 24 hours ago, but it hasn’t seen any substantial upward movement yet.

The Chaikin Money Flow Index stayed above +0.05, indicating buyer domination in the industry, but the $12.5 level is the most critical to watch.

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Hedera Hashgraph [HBAR]

Stellar Lumens, Hedera, Ethereum Classic Price Analysis: 29 March

Source: HBAR/USDT on TradingView

In both the short and medium term, the charts told a clearly bullish story for HBAR. Throughout March, the OBV was in a constant uptrend, and HBAR has seen some stabilisation between the $0.31 and $0.35 rate of support in recent weeks.

HBAR has climbed past the $0.355 mark in the last few hours and can retest it soon to validate it as help. The trading volume was above normal, and the MACD developed a bullish convergence, suggesting bullish momentum.

Stellar Lumens [XLM]

Stellar Lumens, Hedera, Ethereum Classic Price Analysis: 29 March

Source: XLM/USD on TradingView

Using Fibonacci retracement levels plotted for a short-term decline in XLM from $0.438 to $0.342, it is clear that XLM has recovered well from the drop in the last few days. XLM was pushed upward from near $0.38 to hit $0.41 during a high volume trading session, and the stock even exceeded the 50 percent retracement mark.

The price was also retested as a level of funding. On the 4-hour map, the RSI increased above neutral 50, indicating that XLM would definitely rebound towards the $0.43 supply region in the coming days.

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