XLM - 4h. the number of sellers in the market is increasing.
It took three days for buyers to raise the price of XLM by 20%. It took the sellers one hour to lower the price to the starting price. Such facts make one wonder what could happen to the crypto market in the event of a sharp correction. Given the rapid uncorrected growth of BTC - this probability is quite high.
However, buyers have now managed to keep the price within limits that allow them to continue to grow. If the new attack of sellers will be at low volumes - it will signal a new wave of growth with a target of $0.46-0.467.
However, if BTC buyers will not be able to keep the range of $43300-43700, the probability of breaking through the blowout 0.368 in the XLM market is quite high. In this case, the price will fall sharply to $0.328. be careful and successful bidding!
__________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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However, buyers have now managed to keep the price within limits that allow them to continue to grow. If the new attack of sellers will be at low volumes - it will signal a new wave of growth with a target of $0.46-0.467.
However, if BTC buyers will not be able to keep the range of $43300-43700, the probability of breaking through the blowout 0.368 in the XLM market is quite high. In this case, the price will fall sharply to $0.328. be careful and successful bidding!
__________________________
We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
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