XLM
XLM So far XLM has been taking it's time consolidating along some Higher Lows. I think the moves to the right of the current graph are going to play out over the next quarter.
XLM is still kinda questionable as a whole, but it has decent support and there are no indicators of some kind of manipulation in price... I'm hoping for 1.50 before Winter for sure. It may not last long though, eyes open.
XLM-BTC Long potentials.XLM Reaching lower support levels. The Divergence on the RSI gives a potential reversal signal following BTCs surge. The Gan fan provides target zones and timescales. With the Fisher MW acting as a "run out of steam" indicator for profit taking.
5-10% gains every stage of the Gan could mean 30%+ over the coming few weeks.
XLM Continues Testing Resistance: Big Uptrend ExpectedHey traders 👋
As the chart shows 📈 :
- XLM is testing Resistance again and again 🦾 , this means that buyers are propense to buying even near resistance → signal of buying strength
- It's also forming interesting patterns (see attached idea)
In my opinion, the best time to buy is near the short-term support(which in long-term is nearly the resistance area), I am expecting big uptrend in the following days/weeks
Should I buy XLM or XLP ? As I said earlier: December 2020 / January 2021 was the time to sell XLM (you could buy more than 1 XRP with 1 XLM) !!!
There has been a time to sell XRP for XLM (during most of 2019 or 2020 you could buy 4 XLM with only 1 XRP) !!!
Now the time is to hold both..... or if you prefer, you can buy both. We are in neutral territory.
Whatever you will choose to do .... God bless you and your investment !!
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