Xlmanalysis
XLM Continuation of movement within the triangle and test $0.5After a strong wave of decline that continued in the XLM market from February 14 to 23, buyers were able to feel confident in themselves. The main prerequisite for this confidence is a liquid price zone of $0.31-0.33. This range first stopped a powerful wave of XLM price growth back in January 2021. Now it serves as a support for buyers and a critical point of the real growth trend:
As we can see on the chart, after February 23, buyers are confidently fixing above the range of $0.31-0.33, forming a triangle. In addition, we see that within this range is a black trend line, which keeps the price of XLM from a fatal fall to $0.2. Since the XLM market is currently within the triangle, there is a high probability of the start of a new local wave of decline.
If buyers manage to keep the range of $0.31-0.33 , we will expect a new price shot towards $0.5.
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XLM - 6h. Buyers should rest and keep $0.38-0.4In just two months from the beginning of 2021, a quality rally took place on the XLM market. The price of XLMUSDT has grown by more than 350%. During this time, buyers managed to update a high of 2 times. Good dynamics, but is there enough potential for buyers to maintain this pace?
If you analyze the first wave of Stellar price growth, you can see a sharp momentum , which is supported by large volumes:
The second wave of growth in the XLM market, which began on January 28, lasted longer. Buyers found it difficult to raise the price and it is noticeable by candlelight. In addition, this wave renewed the previous high, but there was an impression of weakness of buyers. This impression intensified after the buyers were unable to update the previous high during the 3rd wave. Trading volumes during the 3rd attempt to increase the price of XLMUSD were lower. Thus, a long-term triangle -like correction could begin on the XLM market.
In the 6-hour timeframe, the first critical point is at $0.38-0.4. Approximately in this range, buyers gained a position for further growth during the month. If buyers fail to keep this range for XLM investors, a critical point will come. The last chance to continue the trend is in the global range of $0.31-0.33 . The loss of this range will quickly send the price to $0.2
To continue to grow the XLM market, buyers need to hold above $0.5 . Therefore, we will expect another test of the strength of buyers to decide where to buy XLM.
P.S. Our previous XLM idea
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
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XLM - 4h. the number of sellers in the market is increasing.It took three days for buyers to raise the price of XLM by 20% . It took the sellers one hour to lower the price to the starting price. Such facts make one wonder what could happen to the crypto market in the event of a sharp correction . Given the rapid uncorrected growth of BTC - this probability is quite high.
However, buyers have now managed to keep the price within limits that allow them to continue to grow. If the new attack of sellers will be at low volumes - it will signal a new wave of growth with a target of $0.46-0.467.
However, if BTC buyers will not be able to keep the range of $43300-43700, the probability of breaking through the blowout 0.368 in the XLM market is quite high. In this case, the price will fall sharply to $0.328. be careful and successful bidding!
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XLM - 4h. Buyers are preparing for test $0.36For almost a month, the XLM market continued to correct a strong wave of growth, which buyers organized in early January. The price of XLM was moving smoothly in the global triangle.
On January 27, buyers managed to break through the top line of the consolidation triangle and start a new wave of growth.
As you can see in the chart, the main problem of buyers - the mark of $0.36. It is in this mark that sellers aggressively changed the direction of price movements three times.
However, cbuyres support is so strong that it allows you to continue the attack of this mark every time.
At the moment, buyers are preparing to break and consolidate above the mark of $0.326 to continue to grow to $0.36.
The critical point of this scenario is the range of $0.307-0.31. After breaking it, sellers will take the initiative in the XLM market and lower the price to $0.276. This scenario will lead to continued correction in the XLM market.
But what are the global prospects for this coin? See in our global idea:
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We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements.
Subscribe to us and get daily concise analytics!
XLM Inverse Head and Shoulder Pattern - Breakout Imminent Seeing an inverse head and shoulders pattern on the 4h chart. Looking very bullish for an imminent breakout to test the .44 range and then get continuation into parabolic price discovery mode. So much good news for the Stellar Lumens XLM lately. Mega Bullish here. Short term support .2615 short term resistance.30
XLMUSDT I started forming a bullish positive channel, which I think is a good opportunity to enter
Bottoms are entry points and headers will be selling points.
Do not enter the currency with all your capital, if the bullish pattern is broken and the exit from the price channel to the bottom falls, the pattern will fall, you will place loss stops at the bottom before the bottom from which you will enter …..
what is your opinion ??
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XLMUSDT Currently, the XLM the channel broke the bearish price. If the next 4-hour candle closes above it, you will try to bounce back up again and try to enter the old positive price channel if you break the strong support at 0.18250 area.
what is your opinion ?
please share with me your opinion …
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XLM. The worst-case scenario is a fall to the range $0.0185-0.02Chart for believers and Stelar Lumen holders.
Once upon a time, a long time ago in 2017, this coin on the Poloniex exchange with the designation STR gave huge xx on the growth. Another positive point was in XLM. Its transaction at that time took 3-5 minutes! For example, Ethereum, Lite or Bitcoin could get stuck in a transaction for 12-24 years. This is so, a note of nostalgia for those who traded then and remembers it)
We don't see any more positive:
abnormal emission of tokens,
several holders who have 15-20% of the pool in the one hands,
lag in development compared to new generation projects.
It is hard to believe in growth above $0.095. It is much more believed in the fall in value first to the zone $0.035-0.04, and if everything will be very bad, then even lower to the zone $0.0185-0.0205.
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XML Price Prediction 2019-2020Stellar has just been executed in business procedures of organizations, for example, Deloitte, Parkway Projects and some more.
Stellar Lumens XLM Price Analysis
Following three years of stage's advancement, the cost of 1 XLM Lumen was around 0.2 pennies The units of computerized cash, Stellar lumens has a low value for every coin. In this way, these coins are put resources into noteworthy numbers. The main noteworthy increment in the XLM's cost occurred in May 2017 where the worth approached be a little more than 5 pennies for every coin making the cost of coin multiple times its incentive from the earlier years.
News Source : TheCoinRepublic
Stellar ‘Extremely Surge’ Again After 40% Rise in Market
Today the cryptographic money market is again encountering bearish development and the monetary forms have dropped essentially from the qualities. World biggest cryptographic money Bitcoin has been exchanging with the bears of late and the vast majority of the altcoins, for example, Ethereum, Ripple, and Litecoin have made some great additions, yet right now, the monetary forms are around bearish weight. XLM, which is expanded in the previous 2018 and now it is in the main 10 monetary forms.
Current Status of Stellar Lumen (XLM): Today, the money is exchanging at the estimation of $0.079358 and its worth is expanded by 14.23%. The market capitalization of the cash is $1,593,867,528 and the 24-hour volume is $644,469,140. The coursing supply of the money is 20,084,644,343 XLM and it’s ROI is 2,566.86%.
News Source: TheCoinRepublic
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Stellar Lumens Price Prediction: Worth Looking at
XLM has really figured out how to push Litecoin(LTC) out of its position, i.e., the sixth biggest money at the time with more than 4 billion dollars in market capitalization. It tends to be plainly observed that 2018 has been a fruitful year for Stellar as it figured out how to gather over 800% additions against the fiat on its YTD diagrams.
In spite of the fact that the cryptographic forms of money have now effectively figured out how to grow its limits and are more well known than before this year may be an another harsh year for the market, according to a portion of the eminent crypto showcase analysts.As far as Stellar Lumens is concerned, the cash has entered the year 2020 with the estimation of 0.28$. It is normal that this worth is setting down deep roots for some time now, perhaps for a month or two. Be that as it may, it will in general accomplish a steady energy and will conceivably decrease towards 0.22$.
News Source: TheCoinRepublic