XLMUSD parallel channel with middle resistanceStellar have a great parallel channel up with middle resistance line.
to follow bullish movement, we can take long at channel up support with middle resistance as target around 0.13
We also have fibonacci pattern here with target at 0.142 as fibonacci 1.618 projection
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Your support at this analysis will also support stellar to reach bullish target
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XLM
XLM/USDT potential shift? 👀 🚀 XLM Today analysis💎 Paradisers, gear up for potential opportunities with XLMUSDT! The asset is showcasing intriguing dynamics, with a recent resistance level transitioning into a support, hinting at a heightened likelihood of a bullish trajectory.
💎 In our past observations, XLM broke free from a descending trendline, initiating an upward trend. It faced a rejection at the resistance level of 0.1201 on its first attempt but managed to breach it on the second try, turning this resistance into its current support.
💎 The VRVP highlights significant volume at this support level, suggesting a strong possibility of an upward push from here to challenge higher resistances.
💎 However, if the STELLAR struggles to maintain its current momentum, it might seek bullish support from the demand zone. A breach below this demand zone could signal a bearish downturn. Stay alert and strategize accordingly!
XLM Stellar Lumen - Potential for a bright future Remember to pay attention to Support Resistance Zones, Don't get greedy and follow a strategy. We are committed to safe and efficient investing, we have target zones for that reason!
Thank you for reading along!
XLM Potential price points
Entry zone: $.1305-$.1310
Major support: $.122
Target 1: $.13745
Major resistance: $.176
Target 2: $.1955
Second major resistance zone: $.290-$.304
Precious top resistance level: $.545
Stellar (XLM) is a peer-to-peer (P2P) decentralized network created in 2014 by The Stellar Development Foundation or Stellar.org. The network officially launched in 2015 with the purpose of connecting the world's financial systems and ensuring a protocol for payment providers and financial institutions. The platform is designed to move financial resources swiftly and reliably at minimal cost. Stellar links people, banks, payment processors and allows users to create, send and trade multiple types of crypto.
The basis of the network is its native digital currency - XLM or Lumens. XLM acts as an intermediate currency for operations and is also used to pay transaction fees. How it works: the protocol converts money in a few seconds, first into XLM, and then into the requested currency.
The Stellar payment protocol is based on distributed ledger technology -- an open-source development, community-owned and distributed by community. The crypto asset of the Stellar platform helps with cross-border transactions, overcoming the problems of high fees and slow procedures. XLM is more focused on assisting individuals transfer money than they are with institutions. Thus, Stellar offers access to financial systems, and people can send money at low cost and promptly around the world.
No Country For Old Man (Stellar XLM Analysis)Stellar digital currency, which is struggling with traditional financial affairs like Ripple, showed significant growth after Ripple's court victory, which is currently correcting above the accumulation and oversold range after the sharp fall in the market.
As the 100-day moving average indicator is breaking the 200-day and 300-day moving average upwards, it is expected that after this movement, we will see the price stabilize in the range of 11 cents with the closing of the monthly candle in less than 2 weeks, so that it can grow. After forming the head and shoulders of the floor (QM), it will continue to the range between 25 and 30 cents.
The rise of the XLM remainsThe XLM currency has been undergoing a correction for some time. The latter formed an upward wave with the market and then rested for a while.
By checking the XLM chart, it can be seen that the XLM should end its break and then move upwards again.
We have a diametric pattern that can go up for the F branch, the XLM symbol. By maintaining the green zone, we can see the upward movement of XLM.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
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XLM/USDT - Stellar: Double_Bottom◳◱ We've a Double Bottom pattern on the LSE:XLM / CRYPTOCAP:USDT chart. This pattern is a bullish indication and could indicate a potential trend reversal. We may consider buying at the neckline at the current price. The next resistance key levels are at 0.115 | 0.1193 | 0.1301 and the major support zones are respectively at 0.1042 | 0.0977 | 0.0869.
◰◲ General info :
▣ Name: Stellar
▣ Rank: 26
▣ Exchanges: Binance, Kucoin, Bybit, Huobipro, Mexc, Bittrex
▣ Category/Sector: Payments - Currencies
▣ Overview: Stellar is an open-source payments network that serves as a distributed intermediary blockchain for global financial systems and circulates a native asset, Stellar Lumens (XLM). The Stellar blockchain allows anyone to issue new assets in the network and exchange for other assets via built-in asset exchange features. Assets on Stellar are issued and redeemed by anchors, who are trusted entities that issue digital credits on the Stellar network in exchange for deposits of the asset with the trusted entity. Anchors enable real world assets to be exchanged on Stellar by leveraging a distributed exchange that maintains an order book for every asset pair. Stellar supports the issuance of any type of asset including stocks, currencies, cryptoassets and more.
◰◲ Technical Metrics :
▣ Mrkt Price: 0.1128 ₮
▣ 24HVol: 8,075,126.789 ₮
▣ 24H Chng: 2.732%
▣ 7-Days Chng: 4.49%
▣ 1-Month Chng: -1.73%
▣ 3-Months Chng: -22.53%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.115 | 0.1193 | 0.1301
◢ Support: 0.1042 | 0.0977 | 0.0869
◱◳ Indicators recommendation :
▣ Oscillators: BUY
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: -1.53
▣ Last 90D: -2.36
▣ Last 1-Y: 0.33
▣ Last 3-Y: 0.59
◲◰ Volatility :
▣ Last 30D: 0.36
▣ Last 90D: 0.55
▣ Last 1-Y: 0.88
▣ Last 3-Y: 1.16
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.62 - Bullish
▣ Reddit sentiment score is 0.54 - Bullish
▣ In-depth XLMUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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🚀 XLM Breakout: A Bullish SIGNAL 💥XLM has recently broken out of a range and is currently retesting the upper boundary of the range. This is a very bullish signal, and it could also potentially be a signal from our indicator.
The breakout from the range is a strong indication that XLM is ready to move higher. The retesting of the upper boundary is a sign that bulls are in control and are looking to push the price even higher.
Of course, it is important to note that no one can predict the future with certainty. However, the breakout from the range and the bullish signal from our indicator are both positive signs for XLM.
What does this mean for crypto investors?
If you are a crypto investor, you should keep a close eye on XLM. The breakout from the range and the bullish signal from our indicator suggest that the price is likely to continue to rise.
If you are considering buying XLM, you may want to do so soon. The price is currently retesting the upper boundary of the range, which is a good opportunity to buy before the price moves higher.
However, it is important to remember that all investments carry risk. You should only invest what you can afford to lose, and you should carefully consider your own investment goals and risk tolerance before making any investment decisions.
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XLM. Stellar for...In the long term, XLM can quadruple. The Stellar ecosystem, supported by smart contracts and some change of view on interactions with crypto-assets, is capable of quantitative growth. In the medium term, the price is targeted at twenty cents. We saw a good pump at the beginning of summer, again, in my opinion, this is due to the imminent launch of smart contracts and decentralized apps on the network. The volumes were significant.
In terms of blockchain development, Stellar stands apart. Perhaps their own vision prevails over the views of communities, but still they are looking for apps/utility in the real world... Which is very difficult, given the low involvement of people and territories in technology.
#XLM Bounce Zone, #STELLAR devam mi?Here i highlighted on the chart, this is good bounce zone for XLM, if #BTC does not dump , #stellar may bounce from this area and move up. NOT FINANCIAL ADVICE.
#XLM icin guzel bir bounce alani oldugunu dusunuyorum , bu destek asagi kirilir ve 4s kapatirsa stop olmak gerekir, #bitcoin de dump olmadigi surece bu destegin calismasini umarim. Yatirim tavsiyesi degildir.
XLMBTC - Potential Horizontal BottomThis is the BTC pair for XLM
As you can see it is settling just above a horizontal line in white that has been seen as support (in green circles)
I expect to the breakout to be quite aggressive just as the prior ones, hence the bars pattern in green up to the horizontal resistance level.
Steady with Stellar XLMStellar Lumens LSE:XLM
Shared originally elsewhere and forgot to post here. Since then we had this 16% drop as expected.
This sort of scenario would not surprise me and would be a great opportunity buy off of some strong support. That being said an entry on the 200 day SMA could be considered but its clear to me where the ideal buy zone is. Long term spot holders can ignore.
Please review the long term chart i completed for stellar, its paints a clear long term picture
PUKA