Stellar Lumens, NEO, IOTA price prediction for today: STR/USDT continues to recover from lows

• Stellar Lumens looking to consolidate recovery from lows following the general trend in the Crypto sphere
• IOTA and NEO also in very similar situations

We're looking to analyze three important Altcoins today: Stellar Lumens, IOTA and NEO. Each of them are following a very similar path that has been set by the main Cryptocurrencies. STR, IOT and NEO reached lows on Sunday March 19th, leaving some turning formations and recovering previous levels while technical indicators have been swinging progressively.

STR/USDT 4H chart

Stellar Lumens trades against the USDT (US Dollar Tether), another Altcoin that is pegged to the US Dollar with parity (1 USD = 1 USDT).

STR/USDT is trading around 0.2475, with a strong recovery since the March 19th lows, when it fell down to 0.1587. Stellar Lumens reached the 50-EMA in the 4-hour chart and it broke above it comfortably. Right now, that moving average is acting as main support. If the price can break below there again, first support will be at 0.2222. The lost of such level would take STR/USDT back to 0.18 or even 0.16.

On the upside, first target is the 100-SMA located at 0.272, followed by price action resistance at 0.279. If that area is broken, next target is in another area which the price action has repetitively enacted, at 0.3137.

MACD in the Stellar Lumens 4-hour chart is moving comfortably on the bullish side, but looking to cross to the downside after the strong bullish steam gathered since touching lows. There is a probable bullish lateral action brewing, with chances of breaking down to the 0.22-0.24 area.

Directional Movement Index shows how the sellers are not accompanying the fall from 0.28, validating the bullish swing and with not much faith in more falls. Buyers have also diminished in the last hours and don't seem eager to increase their positioning for now. ADX is following its bearish trend and doesn't seem to support an immediate continuity of the previous bullish action.

NEO/USD 4H chart

NEO has also recovered strongly from the lows of March 19th, with an increase close to 50%. As we can see, the Crypto sphere is still capable of producing spectacular trading ranges.

NEO/USD is trading around $73.46, well above the relative low set at $49.03. The closer price action support is set at $70.79. If that level is lost, there is not much more support until last weekend's lows. NEO has also recovered the 50-EMA, located right at the current price levels and bringing an extra degree of safety that a lone support wouldn't be able to provide.

On the upside, the 100-SMA is at $80.99 as the primary target, followed immediately by a resistance set by a price congestion area at $82.92. If that level is broken, a slight resistance can be found at the $92.5 area and a stronger one is located at $103.16.

MACD in the 4-hour chart shows a similar profile to the Stellar Lumens one. It is proposing a bullish lateral movement, with a possible fall to the main support at the $70 mark.

Directional Movement Index also shows sellers struggling, with no confidence in their strength to deliver another bearish ride. Buyers are also hesitating, not being able to profit from that retracement in the sells to increase their positioning. ADX is dipping, which means there's not much trend strength.

IOT/USD 4H chart

IOTA shows a chart a bit more complex than the one from the other Cryptos analyzed here. Lows were set between March 15th and 19th, perfectly drawing a couple of supports before the relative low.

IOT/USD is trading at $1.372, above the 50-EMA and also the 100-EMA, which differentiates it from the other Altcoins analyzed. Below there, we can see multiple possibilities. First, the mentioned moving averages, with the 50-EMA at $1.30 and the 100-SMA at $1.336. If these levels are lost, we can trade back straight down to $1.2634, followed by $1.1388. The last support, the relative lows at $1.

On the upside, thanks to path already covered, there is more clarity in this price action, with a resistance area in the $1.60 where the 200-SMA and a congestion area resistance are converging. Above this area, IOTA would go straight up to the $2.10 mark.

MACD in the IOTA 4-hour chart shows a textbook profile, having perfectly signalled the bullish swing with a clear divergence. The indicator is comfortably trading above the 0 line, although crossed to the downside. Therefore, there is bullish lateral action, although with some potential to move, as the DMI is indicating.

Directional Movement Index shows the sellers at low levels but having increased a bit their positions during the last hours. Buyers seem to have ended their positions since the rise. There is a big difference in the ADX, signalling a strong trend and indicating that another bullish ride would be a strong one.

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