Xlmusdtechnicalanalysis
XLM BULLISH!, Next Target 0.7746 Minimum, New ATH < 20 DaysHi everyone,
CHART Analysis
I'm very bullish on Stellar Lumens and see a huge jump up, the price is currently moving above strong support, and ranging within an ascending wedge.
Once we Push Above 0.517, out next resistance is at $0.61 & and once we breakout from that resistance and flip it to support we should rally a minimum of 25% to 125% depending on volume, BTC price & market sentiment and the white energy that is building up on the 3-day, 5-day, and weekly.
XLM will aim to break its previous ATH of 0.98 and reach the 2.618 fib level of $1.06, I then expect a small retrace, and them we can gear up for $2-$4
Also, looking at the bottom of the chart we see that the green line is crossing the Red RSI going up which is a good sign indicating that prices are going up.
Something interesting I noticed is the consistent pattern XLM has been printing and calculated some numbers, I found out that XLM has been spending 19.6% less time between every peak and the following one.
so if that remains the same we can expect the target of $1.06 by March 10th
Fundamental Analysis:
Furthermore, XLM is fundamentally better than XRP and is decentralized.
Remember, XRP jumped from 0.19 to $4.51 during the last ALT season, and with XRP being in muddy waters due to the lawsuit with The SEC, we can only expect XLM to continue rising.
As BTC stabilizes and ETH exhausts from reaching higher due to ETH-Killer Tokens, inevitably money will start to trickle down from top 5 Coins by Market Cap to XLM.
There are numerous partnerships being announced regularly, making XLM THE LEADING PROJECT in its field.
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
Other interesting news that could have a positive affect on XLM price:
"Ripple, SEC Say Settlement Unlikely Before Trial Over Alleged Securities Violations" - Published on Coindesk within the past 2 days.
This is not a financial advise. DYOD&R.
Are you interested in other coins I can cover? Mention them in the comments!
Please LIKE, COMMENT, SHARE........and give me a FOLLOW if you want daily updates.
Thank you!
XLM/USDT : Bullish flag on 4H TF BITBAY:XLMUSDT
Hello everyone 😃
XLM had a breakout from last ATH's resistance.
Now it's formed a Bullish flag here.
We expect a rejection from flag at 1st but major target is 0.8$
📍 There's 2 buy zone, 1st at support line and 2nd will be above flag after breakout.
🔴 MACD is being Bearish, So any candle closes below 0.5$ will change direction !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
XLM BREAKING OUT OF DESCENDING WEDGE. BULLISHABOVE HERE WE HAVE A CLEAR CANDLE BREAKING AND CLOSING ABOVE THE RESISTANCE THAT WAS CREATED BY THE MOST RECENT HIGH. XLM HAS BEEN REPEATING A SIMILAR PATTERN AFTER EVERY LEG UP THAT ENDS UP TAKING ABOUT HALF THE TIME OF THE PREVIOUS ONE UNTIL BREAKOUT.
I just realized caps on lol, oops!
XLM has been moving within this channel since November of last year, if we break above, then we are headed towards the 1.618 fib which is $0.73, then if the white energy is there then we can go up to $1.12, fib 2.618.
Regardless if we break out of the channel, I think we should still be going up from here.
Please like, follow, and share if you agree.
and if you don't, please explain why!
I hope we can all learn from each other and teach positive things.
DYOR&D. Not investment advice, merely my opinion.
Cheers
ExpoGains!
Can we now be on an impulse kick in XLMUSDT DAILY?Technical analysis regarding the price of STELLAR in relation of dollar Tether for the next scenarios, based on 4 hour movement.
disclaimer
*** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
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:
____________________________
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!
XLMUSDT Short to Breaker BlockXLMUSDT is starting to show signs of weakness, the 10 EMA has crossed below the 20 EMA for the first time since the fundamental news regarding the Ukraine banks.
blockchain.news
The breaker block at the 61.8 fib level has already been tested 3 times, so it is likely that this will be the last chance to hold bullish momentum for the XLMUSDT pair.
Look for a short entry between the 10 and 20 EMAs targeting the $0.228 level and then look for signs of strength on the higher time frames before considering a long entry.
XLM always rewards the patientThe current market situation can be stressful for many as the behavior of btc affects xlm, but for me it is just a shopping opportunity and I will definitely use it. XLM is technology and a great team, ready to operate at the highest level.
🔥 CRDT.io (CRDTpay) it's a quiet project but is developing very well.
Available on HitBtc and many strong exchanges soon
XLM STR 6h There is potential for strong growthIn the previous medium-term idea of the XLMUSDT pair, we asked: will Stellar take the place of Ripple which is in the swamp of negativity.
It is difficult to answer this question unequivocally, but we can say with confidence that the previous idea worked out all the targets from above, reaching a high above $0.36 in the shortest possible time.
Now the chart shows that interest in the XLM STR coin has not disappeared.
It is consolidated and "squeezed the spring", which can shoot up very hard.
If in the near future the price of XLMUSD is not allowed to move below $0.234, then it will be possible to take a long in anticipation of a strong rebound upwards.
A break of the white trend line in the zone of $0.3 will only accelerate the growth , the upper target of which can be expected at $0.525.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)