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
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◲ Disclaimer
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XLM
🚀 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.
❗️Get my 3 crypto trading indicators for FREE❗️ Link below🔑
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
Is it worth entering STELLAR now or is it better to wait?Hello everyone!
I suggest taking a look at STELLAR (XLM).
After a explosive growth, the price of the asset has started to correct and in my opinion, it is currently at a good entry point. Although it can be seen on the chart that a level of price support has formed, and the price is also rubbing against the EMA 200. Entering from here might be a bit risky, but if you're willing, you can try and potentially gain almost 44% before price fixation. Personally, I think it's better to open a trade from the 0.236 Fibonacci level after the price breaks and tests it.
This is not financial advice, and everything you do is at your own risk.
XLM is Most Likely Ready For a Correction | Stellar Analysis💎 Paradisers, turn your focus to XLM/USDT! The asset is presently traversing a clear descending channel and seems on the brink of a potential downward breakout.
💎 If this breakout materializes, brace yourselves for immediate correction in the XLM's price.
💎 It’s imperative to spotlight the two authenticated order blocks in a shorter timeframe. Given the prevailing liquidity, these areas are likely destinations for the Stellar.
💎 Reviewing historical movements, a shift from demand to supply has been observed, culminating in a notable decline in LSE:XLM 's price and aiming at the preceding Order Block (OB).
💎 In the dynamic realm of crypto, maintaining alertness and flexibility is paramount. Ensure your charts are up-to-date and stay connected for further insights!
XLM Looking Bullish On The DailyThis is a daily chart of XLM and price appears to be making a double bottom with money flow rising from the red and divergence nearly confirmed on the daily.
Current trading plan is long entry from current price with a 1-3% stop loss invalidation area.
Target 1 will be a 1/3 retrace of the last swing for approximately 5% and the second target will be the center of the golden pocket of the swing at .124 10% higher than the current price.
Trade Well.....
XLM/USDT 1DAY UPDATE BY CRYPTOSANDERS !!Hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- Stellar (XLM) was also in the green in today’s session, after two consecutive days of price declines.
XLM/USD peaked at 0.1154 earlier in the day, which comes less than 24 hours after falling to a low of 0.1122.
As a result of the decline, bulls continued to push the token away from a recent floor at 0.1100, and back on course toward resistance at 0.1320.
Today’s rebound was helped by the RSI reaching a floor of its own at 37.00, and it is now tracking at 39.87.
A ceiling at 44.00 now awaits bulls and could be the main hurdle preventing further gains this weekend.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you.
XLM/USDT 1DAY UPDATE BY CRYPTOSANDERS !!hello, welcome to this XLM/USDT update by CRYPTO SANDERS.
CHART ANALYSIS:- On the other side of the spectrum was stellar (XLM), which dropped by over 8% in today’s session.
XLM/USD bottomed out at 0.1195 on Wednesday, less than 24 hours after residing at a high of 0.1318.
This drop in price saw the token fall for a third consecutive day, falling below a floor of 0.1200 in the process.
It appears that today’s sell-off coincided with the RSI failing to remain above a point of support at 49.00.
Price strength is now tracking at 44.53, with the next visible zone of stability around the 37.00 region.
In the event that this level is reached, XLM will likely be trading under 0.1100.
I have tried to bring the best possible outcome to this chart.
Hit the like button if you like it and share your charts in the comments section.
Thank you
XLMUSDTThis is a 1D frame analysis for XLMUSDT As we can see, we can observe a double bottom pattern which after the failure and the uptrend is currently heading towards a support line and after the slow patterns we can take from the market in a stepped manner for higher numbers. Keep in mind that there is a possibility that the price may start a movement from the first support line to the second support line after the drop, so keep an eye on both zones.