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Stellarlumens

XLM IS FINALLY READY!XLM has broken out of this triangle and retested it to confirm an upcoming bullish wave. MACD is divergent and exploring higher grounds in the positive zone. However, volume is still insufficient. Possible targets are highlighted in green based on price action history. These designated areas are where the price has struggled to flip in the past. If the momentum picks up, XLM could easily take on these levels. This trade could chalk up a profit of around 36%.
Long
by Djawad_Afsharirad
2
XRP Bull Flag Forming, Targeting $2.20 Short TermYes I know, in my previous post concerning XRP I discussed a bull pennant formation forming on XRP. That pennant officially broke down instead of up, which is always possible in any triangle formation. However, now we seem to be forming a bull flag, which is essentially the same end result when it comes to how to measure price targets from it. If we get a breakout UPWARD from the bull flag, expect a price target of at least $2.20 short term. I believe this will continue higher if achieved, as XRP will be surpassing its high on the year of right about $2.00 even. Another thing to note, we also technically closed August 27th with a bullish engulfing candle as well, which will play in favor for a breakout. If we break down instead, expect strong support around the $0.83-0.84 cent range. ONCE AGAIN, unfortunately all of this will still depend on if BTC dumps. The correlation still exists at the moment, but I bet we see a decoupling for most crypto within a few years. The SEC lawsuit coming to a close will send this thing flying, so it is extremely risky to not be in, in my opinion! - CA$HLESS
POLONIEX:XRPUSD
by CASHLESSSOCYS
3
XLMUSD - 1W - Stellar in a huge channelHi guys, Short review of Stellar (XLM) with a weelky TF. We can notice Stellar is still evolving in his big ascending channel (blue). We had several points of contact both at the top and at the bottom of the channel. I'll be watching this one. If BTC remains "calm" we can expect a further growth inside the channel. First stop will be the former "double top" at 0.71$ After, i'll be watching for the top of the channel (red area ... depending on the time to achieve it) Those are two zones of TP but if we broke the previous top, we could also see a kind of massive cup and handle that could send price to the moon. Finally, RSI made a lower low while price made a higher low. Like if you share this pov NFA
BINANCE:XLMUSDLong
by Ayer
All Stellar Lumens XLM Broke Out The channel For Big MovePrevious broadening formation: Previously on the weekly time frame chart, the price action of Stellar formed a broadening formation, and every time after getting rejected by the support it was forming higher than the previous high. But during the recent drop, the priceline of Lumens has broken down a very strong support structure of this broadening formation and now moving around the 50 simple moving average on the weekly time frame. After 50 simple moving average, there are also 100 and 200 simple moving averages strong support beneath the price action of XLM Support and resistance levels: If we take a look at the major support and resistance levels on the weekly time frame chart, then it can be easily observed that the priceline has been strongly rejected by the 70 cents resistance level. Ater $0.70 the price action broke down the different supports at $0.55, $0.45. $0.35 and $0.28 respectively. Now it is moving above $0.22 support level. During this recent downward rally, the price action has spike up to $0.20. Therefore, now the $0.22 cents resistance has been replaced by the $0.20. Broke out the resistance of channel: The price line has also broken out the resistance of a down-channel for a big move. Big bullish Cypher move: XLM also has formed a big bullish Cypher patter, I have already shared the details of this pattern in my previous article for more details you can visit the below article: New broadening formation: After breaking down the support of the previous broadening formation which was formed on the weekly time frame now the priceline of XLM has Formed another broadening formation on the daily time frame and moving at the support of this broadening formation. If the priceline will be reversed bullish from here and reach the resistance then it can move up to 80 cents.
Long
by moon333
2
XLM Surges After MoneyGram Takeover Rumour Stellar Lumens surged by a strong 12% today as it surges to $0.25. The push higher allowed XLM to climb above the 20-day MA and break a long-term falling trend line. Against Bitcoin, XLM also pushed higher to 774 SAT and is back above the 20-day MA for the first time since May. XLM surged a strong 12% today after rebounding from support at $0.2 earlier in the week. The push higher has allowed XLM to break a falling resistance trend line that was established at the end of May. It also allowed XLM to break back above the 20-day MA for the first time since mid-May (providing today’s candle closes around $0.25. The surge occurred after the news circulated that the Stellar Foundation is planning on executing a takeover of MoneyGram. The acquisition was reported by Bloomberg, and it states that the money transmitter business would be bought by The Stellar Foundation in a partnership with Advent International. MoneyGram, established in 1940, previously had an investment from Ripple after they acquired around 10% from a $50 million investment. However, the partnership was dissolved after the US SEC launched litigation against Ripple. Stellar Lumens is now ranked in the 17th position with a market cap value of $5.78 billion. Stellar Coin Price Analysis What has been going on? Taking a look at the daily chart above, we can see that XLM dropped beneath the 200-day MA at the start of June and established a solid downtrend from there. It had previously dropped from above $0.75 to reach $0.35 during the mid-May market capitulation that the entire industry experienced. XLM dropped as low as $0.2 during June and rebounded from there toward the end of the month. However, it was unable to overcome the 20-day MA and continued to drop lower in the first half of July. During this week’s BTC price drop beneath $30K, XLM fell lower to $0.2. However, the daily candles did not close beneath $0.212, where it found support at a .786 Fib Retracement level. XLM rebounded from $0.212 yesterday and the 12% price hike today allowed XLM to break above a long-term falling trend line that was established toward the end of May. Additionally, XLM also managed to break above the 20-day MA. If today’s candle can close above the 20-day MA, this would be the first candle closing above it since mid-May, before the market capitulation. Stellar price short term prediction: NEUTRAL XLM is neutral right now, but a drop beneath $0.2 would certainly turn the market bearish. On the other side, it would possibly have to rise above $0.4 (200-day MA) to be considered bullish in the short term. However, a break above $0.3 would signal the first move of a short-term bullish rebound. Looking ahead, the first support lies at $0.24 (20-day MA). This is followed by $0.212 (.786 Fib Retracement) and $0.2. If the bears continue to drive XLM beneath $0.2, added support lies at 40.176 (downside 1.272 Fib Extension), $0.163 (downside 1.414 Fib Extension), $0.15, and $0.144 (downside 1.618 Fib Extnesion). Where Is The Resistance Toward The Upside? On the other side, the first resistance lies at $0.25. This is followed by $0.28, the 50-day MA, $0.285, and $0.3. Beyond $0.3, additional resistance is expected at $0.339 (bearish .236 Fib Retracement), $0.35, $0.4 (200-day MA & 100-day MA), and $0.426 (bearish .382 Fib Retracement).
by CoinCodex
Stellar Lumens XLM a big setupThe SMAs: After the powerful bull run, the price action of Stellar dropped very hard and broke down the uptrend line support. This trend line was working as a long-term market structure for the price line of XLM. After breaking down this trendline support the price action moved at the weekly 50 simple moving average an at the moment it is moving around this SMA. After the 50 simple moving average, there are also 100 and 200 simple moving averages below the price line. Support and resistance: The price action of Stellar has a very strong support zone starting from $0.28 to $0.22. If this support zone will be broken down then the price action can move to $0.12 because there is no significant resistance and support between $0.22 to $0.12. Therefore, for the price reversal, it is very important for XLM to save this supports zone. Bullish harmonic Cypher move: On the 2-week time frame chart, the price action of XLM has formed a big bullish Cypher pattern. There is also 25 SMA support in the buying zone. As per the Fibonacci sequence the buying and sell targets of this Cypher pattern can be as: Buy between: $0.3474 to $0.2248 Sell between: $0.4439 to $0.6757 The maximum extent of potential reversal zone $0.2248 can be used as stop loss. As per the above targets, this trade has a big profit possibility of 200%, and the high loss possibility is 36%, however at this time the risk is low as the price action is already close to the end of the buying zone.
Long
by moon333