CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 82% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

BREAKING: Stellar gains 15%

13:18 12 January 2021

Global markets are trading in a rather calm manner today. Volatility on the cryptocurrency markets is limited as well. However, Stellar is an exception.

Cryptocurrency is recovering from yesterday's sell-off and trades around 15% higher at press time. The coin was gaining over 20% at one point today. Rally was launched following a test of the 0.21 zone, that marked an important resistance in November and December 2020. On the other hand, 0.30 area looks to be a strong resistance. Stellar managed to finished daily trading three times above this level but each time a pullback followed.

There was no specific news to justify yesterday's decline but low price and drop of total cryptocurrency market capitalization below $1 trillion for the first time in two weeks was seen by investors as an opportunity.

 

Stellar gains around 15% today. 0.30 area acts as a support but should bulls manage to bring price above it, 0.40 could be the next target. Source: xStation5

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