Stellar is Offering New Buy Opportunities
Stellar prices rally after the Federal Reserve (Fed) hiked its Fund rates by the expected 0.25% to 5.5%. The altcoin closed Wednesday up by 7.4% and continues up on Thursday. A new upward channel that has emerged on July 17 is confirmed.
The existing trend and price moves signal a likely upside with nice buy opportunities at current levels of 0.1535-0.1625 with a target at 0.1960, the highs of July. Stop loss could be placed below July 26 lows at 0.1430.
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