Stellar XLM Impending Breakout!XLM is one of those assets that has just been beaten down again and again with no real push off of the lows. It's becoming too good of an opportunity for price appreciation and I believe it's primed for a breakout. Beyond some of the technicals I'm showing here there are also numerous fundamental reasons I think Stellar is overdue for some price appreciation.
A close above the 100 day MA would be bullish and likely cause a push up to .12 a close below will likely result in another visit back down into the .10 range. Regardless it's either up soon for XLM or off to new lows. A break and close above .12 on the daily would likely take XLM up to .15 then .17
XLM
XLMUSDT 1D The global growth goal is $0.5 per XLMThe XLMUSDT price behaves almost as nicely as the price of "colleagues in the shop" - XRPUSDT
The XLMUSD price is approaching the critical level of $0.12.
Breaking this level up and fixing it above means the official start of a new growth trend.
If Stellar buyers fail to break through the price of $0.12, and the cryptocurrency market continues to be negative, the $0.075 level for buying XLM will be quite relevant
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#Stellar soars 14% in 3 Weeks, will XLM bulls Break $0.12?Past Performance of Stellar
There are flashes of strength in XLM. A notable development is that the coin is outperforming BTC and ETH. For instance, it is up 14 percent from September lows and tracking higher week-to-date versus the USDT. Despite rejections of higher prices on September 21, Stellar's uptrend is still valid. The immediate resistance is at $0.12; buyers may resume formation, targeting $0.135 in the short term.
#Stellar Technical Analysis
The expansion of Stellar prices on the past few trading days is with rising trading volumes. This development is overly bullish and signals buyers' participation. Since prices are firm and buyers appear to be in charge, traders can find loading opportunities on pullbacks above $0.105 and the middle BB. The immediate target, in that case, will be August 2022 highs at around $0.135, as mentioned earlier. On the reverse side, sharp losses confirming bears of September 21 may see XLM contract back to $0.098 in a retest.
What to Expect from #XLM?
XLM buyers are solid; the coin may tick higher with rising volumes as it bottoms up. The immediate support is at $0.105, while resistance lies at $0.12. Any surge above this week's highs may initiate demand, possibly lifting the coin to new multi-week highs at $0.135 or better in the medium term.
Resistance level to watch out for: $0.12
Support level to watch out for: $0.105
Disclaimer: Opinions expressed are not investment advice. Do your research.
XLM | Stellar | The Technical Outlook is Supporting GrowthXLM | Stellar | The Technical Outlook is Supporting Growth
Price is testing the bottom of the pattern for the third time
and thereby creating a potential megaphone pattern.
During the last days, the price increased by about 17%.
A good part of the movement was supported by XRP.
XRP is showing positive developments regarding the lawsuit they have.
This is one of my favorite projects and it should grow further.
Objectives:
🎯 0.15072
🎯 0.17021
🎯 0.23681
Thanks and Good Luck!
XLM PRICE ACTION - Wave C of Wave 2 Now in Progress?As I continue to observe the markets, I see XLM continuing to perform as expected.
I do believe that we will be range bound for a while yet unless a couple of things happen mentioned in this video.
There is no real need to jump the gun in these scenarios...
As long as you continue to track the overall pattern even at the small degree it becomes clear what is likely taking place.
Right now, it appears as though we are simply in a Wave C bounce of the larger Wave 2 correction and the clues signal a potential bounce to around 24 cents.
But only if certain conditions are met.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
$XLMUSDtXLM is currently trading around range low marked on the chart.
My Trigger plan for this is a breakout of the falling resistance and a relaim of the 2021 Low. This would mean a deviation of the 2021 low and would be bullish imo.
My targets are market o the chart are are essentially the Mid range and Range high.
If it dosent break out above the falling res and reclaim the 2021 low then i have no interest.
patience patience is the key here. size it right so it it fails you don't get wiped out or take heavy loss.
#Stellar is down 80% from All-Time Highs; Is the Bear Run Over?Past Performance of Stellar
Stellar is firm, recovering, and up roughly five percent in the past 24 hours. At spot rates, the coin is bouncing from around 2022 lows. Specifically, XLM buyers are building on gains of September 7, rejecting bear calls. Still, despite the welcomed expansion, prices are within a bear formation.
#Stellar Technical Analysis
The August 19 bear candlestick is conspicuous in the daily chart and defines the current trend. Since the wide-ranging bar was printed, XLM prices have maintained a strong downtrend. Presently, prices have found support at around 2022 lows with hints of slowing downsides considering the series of higher highs relative to the lower BB. While bears are firm, the tide may swing to favor XLM buyers if prices close above the 20-day moving average and $0.11. The breakout would signal the end of the 10-month correction; thus, the leg up ought to be with rising trading volumes. If this pans out, XLM may rally towards $0.13. Conversely, sharp losses below July 2022 lows at $0.097 will reaffirm bears, forcing XLM towards $0.069 in a bear continuation pattern.
What to Expect from #XLM?
The coin is down 80 percent from May 2021 highs. After such heavy losses, XLM buyers may find relief if prices expand above $0.11 in alignment with the gains of September 7. However, should bears continue to dig in, XLM could slump to new multi-month lows.
Resistance level to watch out for: $0.11
Support level to watch out for: $0.097
Disclaimer: Opinions expressed are not investment advice. Do your research.
Good place to buy As you can see XRP respected the trend line. Hopefully from here wee can see a push to the upside. I believe from here XRP could take off and it’s a very good time to place your first buy if you haven’t already.
According to J.P Morgan there will only be a handful of tokens in the crypto world that will actually do well in the future and be competing with the bold BTC. XRP has a major chance of being one of those tokens.
Please keep in mind XRP and XLM move together so if you’ve bought one it’s worth considering buying the other.
XLM - beutiful wedge inside wedge !There is a beautiful broadening bullish wedge forming (blue line) that has recently broken to the upside.
Confirmation has been signaled and price is in backtesting mode.
This broadening descending wedge is developing inside a larger pattern: a broadening bullish wedge (not descending but broadening to down- and upside).
All this happens on the BTC pair.
My take is that once Altseason gets going XLM will be one of the most explosive coins in the market.
XLM UAH as an indicator of XLM growthHryvnia as an indicator of XLM growth is also a graph that shows when there will be an introduction of digital hryvnia based on xlm defined agreement between the Ukrainian authorities and Stellar developers already exists. With a high probability before solving the hryvnia problem, they will create a serious fall in UAH to which zone the analysis will be in the next idea and the solution will be in the form of creating a digital hryvnia in the application
XLM/USDT Alts looking primed for an intraday Long Whats Up Retail Whales 🐋
Before we start to discuss, id be so glad if you share your opinion on this post's comment section and hit the like button if you gained value!
#XLM has pulled back into our 1Hr Whale Block here and we will monitor for a trade entry with confirmations.
A lot of the Alts are falling into this same setup so be manage your risk management, only ever have 5% of your portfolio active at any one time, especially with correlated Alts trades.
I will be looking for a 15Min/5Min RSI Divergence along with a potential VSA Divergence.
Remember we are trading human emotions and probabilities
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HooRaa
XLM PRICE ACTION - The Update You Have Been Waiting For!!!This video is the result of hours of analysis conducted by myself and one of my members mentioned in the video.
I performed a training session which not only helped him immensely but it also helped me identify the flaws in my analysis.
I think this is a great way to improve by helping others at the same time. It's a win win.
So it appears as though the pain has only just begun for the markets and we are unlikely to see any new all-time-highs until this large corrective wave is over.
There is absolutely no way of knowing how high the rest of this small degree correction will bounce but I can and will be tracking this extensively.
I believe there will soon be a perfect time to short sell XLM and other Cryptos.
This is an amazing turn of events for what started off as sharing my thoughts and ideas to now taking advantage of networking with other people to improve analysis and profits.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser, I suggest using this only as a guide. Always do your own research.
XDC IS ABOUT TO POP! XLM, XDC, XRP FOLLING SAME PATHXDC as well as XRP, and XLM are ready to take off. The entire alt-coin market is preparing for a huge move as well as Bitcoin. The whole crypto market is about to blow everyone's mind. The bearish sentiment out there is overwhelming, we've reached max fear. Everyone and their dog thinks this is a suckers rally and we're heading lower and why I believe this is the perfect setup to create the greatest FOMO of history. So many people who have been screaming SHORT, BTC $5k, BEAR MARKET RALLY, RECESSION BLAH BLAH BLAH will be left behind in this run, purposely may I add. Also BLACKROCK the largest asset manager in the world, with $10 Trillion under management , has started a private fund and partnered with Coinbase to allow an onramp for their institutional investors. Institutional investors don't spend 1 or 2 million investing, they dump hundreds of million and billions into markets. Anyways hold onto your hats we're about to take off.