XLMUSD has some Blue Skies above roof: Stellar watch zones
Updated
Stellar got some love from recent Crypto-wide rally.
But it has been a laggard compared to other big coins.
I think once BTC and ETH settle down, XLM might go.
There is Key Resistance just above current price.
If bulls can break the 4.618 then it might run.
Round number 0.1000 will also cause a pause.
But once past the nearby hurdles, then 15-25% jump is possible.
The fundamentals are looking good with various Partnerships.
As news spreads we should see steady buying of this coin.
But it has been a laggard compared to other big coins.
I think once BTC and ETH settle down, XLM might go.
There is Key Resistance just above current price.
If bulls can break the 4.618 then it might run.
Round number 0.1000 will also cause a pause.
But once past the nearby hurdles, then 15-25% jump is possible.
The fundamentals are looking good with various Partnerships.
As news spreads we should see steady buying of this coin.
Note
XLM short term looking good, and noticing the fibs perfectly .
Note
Near Perfect adherence to the Fib zones originally plotted, even with recent news about IBM and such .
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.