Stellar Lumens (XLM), the cryptocurrency known for its fast and inexpensive cross-border transactions, has recently displayed a bearish candle on the 45-minute timeframe. This has sparked some worry among traders, prompting questions about a potential downturn for the XLM/USD pair. Let's delve into this recent development and analyze its significance within the...
XLM appears to be working its way to the bottom trend line of the wedge pattern that has formed on the daily chart. If it does, it will likely bounce, and make a run for the top trend line of the wedge pattern. This could present many opportunities for day/swing traders, and make it easier to determine entry and exit points if it plays out. Good luck, and always...
+ Very long time accumulation in #btc pair + Lying on horizontal and historical support + Undervalued NOT FINANCIAL ADVICE.
Trend Bullish Signal Stop at support XLM’s price has hiked significantly over the last few years. Back in 2018-2019, it kept falling below its previous ATH of around $0.93 (recorded in early January 2018). It was only in 2021 that its price again rose, hitting a price level of over $0.7 around mid-May. However, as the cryptocurrency market collapsed in the...
The Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation. This could have have ripple effects in the entire crypto industry! My price targets for Stellar XLM are: XLM/USDT short Entry Range: $0.090 - 0.10 Price Target 1: $0.085 Price Target 2: $0.0.078 Price...
STELLAR: XLM movement view Target 0,15 - in case there is a breakdown trend on BTC - this target could be canceled. At this time XLM shows movement effect.
Hi friends hope you are well and welcome to the new update on XLM: Fake out: On a 4-hr time frame, a few hours back XLM was breaking out the down channel but infact it was a fake out. Because, after breaking out while re-testing the previous resistance of channel as support stellar has re-entered the same channel. Long-term support zone: Now there is a...
- Broke through crucial support and is consolidating below it. - No support up until $0.12 - EMA's curling away from each other, signaling more downward movement might be on the horizon
Based on the arc recovery that has occurred with a 2000% increase from the low of the arc, a greedy target for XLM is $20 by 2024.
Follow me, its good IDEA :) Now XLM is very interesting for a little time frame scalping. (1,5,15m) for a long position we need hard confirmation for a trend. Please share your opinion in the comments This is not financial advice !!!
As you know, Stellar, one of Europe's major crypto projects, crashed with the hard fall of bitcoin. We will hear positive news soon. Confidence was restored with bitcoin breaking records. What I want to tell you is that nothing stays cheap. The population continues to increase. Inflation continues to rise. Central banks continue to print money. Technology...
The daily chart shows the XLM price is above the 50 DMA at $0.34 and the 100 at $0.33. However, Stellar is glued to the longer-term 200-day average at $0.36. Furthermore, the Relative Strength Index (RSI) is rolling over which suggests bearish momentum is growing. Taking that into consideration, it’s likely that XLM will lose the support of the 200 DMA and slide...
XLM broke out of the symmetrical triangle that has been formed in the past weeks of price action. - Price action came back down and tested the breakout, if we don't see continuation to our first target of 0.41, I expect us to consolidate or test the golden fib that sits at 0.34 - watch as BTC will influence price action. Congrats to anyone that bought the dip yesterday!
Third time XLM/BTC is touching the bottom of this channel it is trading in since mid-june. It took a while after the first touch, namely a second touch, but after that we got a nice 25% move up. This seems an interesting opportunity. I'm not counting the third as that wick is definitely false price action or maybe even a shake-out. Anyway, setting a stop loss...
I've counted Waves for you guys, i might be wrong, so -) due diligence Not a financial advice
What do you think, seems we are still in Accumulation phase.
Technicals: Weekly EMAs are crossing and momentum is shifting towards the bulls Monthly BBands are squeezed tight and significant accumulation has taken place over the past couple of months and the BBands are ready to expand for a parabolic move Descending wedge repeating fractal pattern Inverse H&S pattern formed on the daily period (same at the start of...