Stellar Lumens (XLM) ready to break 2-year old downtrend!
A very simple chart for Stellar Lumens (XLM).
Retraced all the way towards the levels before the big surge in December 2018. Confirmed support there.
Bounced upwards & flipped the $0.053 level support as well and now facing a 2-year downtrend.
As long as $0.053 remains support, a breakout to the upside is likely to occur.
Main targets to aim for;
$0.09
$0.14
$0.19
The last one would grant a 195% move from here and would combine the XLM / BTC chart as well. The chart of XLM against BTC retraced all the way to the resistance in 2016 and is stuck in a range.
If a breakthrough of 910 sats occurs, space is open towards 2200-2500 sats.
Not financial advice.
Retraced all the way towards the levels before the big surge in December 2018. Confirmed support there.
Bounced upwards & flipped the $0.053 level support as well and now facing a 2-year downtrend.
As long as $0.053 remains support, a breakout to the upside is likely to occur.
Main targets to aim for;
$0.09
$0.14
$0.19
The last one would grant a 195% move from here and would combine the XLM / BTC chart as well. The chart of XLM against BTC retraced all the way to the resistance in 2016 and is stuck in a range.
If a breakthrough of 910 sats occurs, space is open towards 2200-2500 sats.
Not financial advice.
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