Buyer BEWARE stellar lumens breakout.I see a lot of people trying to ape into XLM Stellar lumens here, i see people calling for top 20 coin overnight and for calls as high as $0.20 cents plus RN. I would be HIGHLY skeptical of this breakout and look at it more as a weekend scam pump and or also a bit of relief rally. I like XLM personally and think it has legs still for the future and a BIG run coming. However, in this exact moment and time I don't see a reason for anything much more than a relief rally off the lows and it's just staying within the range it has been trading in the 9cents to 14 cents ranges that's mainly that wide just by candle wicks, real bodies are even tighter and more like a $0.10 bottom and $0.13 tops. Look at the overall real trend and ZOOM out to a higher time frame.
XLMUSDT trade ideas
XLM - AnalysisXLM recorded a nice price increase over the past week. Support was considered for it in the range of $0.1140 to $0.1130, which saw a good positive reaction to this range. The price of this currency registered a 10% increase. For this current range, you can consider a short-term bullish channel. The price is rising, and there is a potential to hit the resistance in the range of $0.1310 to $0.135.
If we have buying pressure in the market, and the specified resistance range is broken, the next target for buyers could be the resistance at $0.150-$0.160. This range is the main resistance of the Stellar currency, and there is a possibility of a negative reaction in this range and saving the profits of short-term buyers. A bullish angle pattern has formed on the RSI indicator, and as long as this indicator is inside the pattern, we can expect price growth.
XLM moved 7% up. Does it have potential?Hello, dear TradingView members.
This is an XLM idea.
XLM moved 7% up and is now one of the top gainers. Since this coin is in a rally right now, there are more targets it can reach, but before that, it might get rejected by a few resistance levels.
Scenario One:
The price will either use this resistance as support or land on the previous support level and move back up for a retest.
Scenario Two:
For now, the local resistance level will push the price back down to the lower support level.
RSI is oversold, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
XLM | Stellar Has Been Accumulating Volume Since MayXLM | Stellar Has Been Accumulating Volume Since May
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.
Targets:
🎯 0.15072
🎯 0.17021
🎯 0.23681
Thanks and Good Luck!
XLMUSD ❕ volatility narrowingThe price tops are below the previous ones.
The XLM is moving at resistance, but trading volumes continue to decline within a narrowing trading area.
On the 30m Timeframe, the bears are taking the initiative on the RSI indicator.
I expect a decline in the price of the asset if the XLM enters below the indicated support level.
Gap fill on XML?XLM is basing bullish like a lot of the market.
On the heels of XRP, XLM looks like a safer buy today than XRP does into october/uptober.
Markets are risky and confused but this is looking good.
Getting some dovish messaging from the Fed and I think markets are gaining some confidence. Stock seems to have reached a potential bounce point near term and DXY has been moving down a bit. Been hard to make money but I think we have a short period with some safety.
Stay safe, DYOR, be careful, protect your capital!
$XLM better than $XRP, half supply and better version. DYORWith $XLM's 50 billion supply, it's more reassuring than $XRP's 100 billion supply, and it's not owned by a company. Although both were developed by the same person, it shouldn't take long for people to realize that $XLM is a better version. I think $XLM has potential for so much more. It is not investment advice. It's my thoughts.
XLM - AnalysisXLM experienced good price growth in the past weeks. After the price reacted positively in the support range of $0.098-$0.105 and broke out of its descending channel, the price pulled back to the ceiling of the broken descending channel, and from this range, we saw a 30% price growth. Although the power of buyers was greater than the power of sellers, the price hardly reached the resistance range of $0.130 to $0.135. Every time the resistances were broken, the selling pressure in the market increased, until an extreme reaction was observed in meeting this resistance, and in the following days, we saw a heavy 20% drop and pullback to the ceiling of the main descending channel.
All the resistance ranges that were considered on the chart are accompanied by a precise reaction and again from the support range of 0.107 to 0.178 dollars, we see the growth of the price of this currency. Also, the resistance of the $0.113 range has become a support, and the price can grow more after the complete exit from the large descending channel. An important resistance in the range of 0.146 to 0.160 dollars for this currency can be the first target of buyers.
XLM in Coming DaysXLM is in a Cup & Handle Right now Which means the Price will Be Increasing Soon. The Price will be Increasing as much as the Measured Price Movement ( AB=CD ) That means the Price will Reach around 0.1600$ Note: that we should wait for a break out to happen.
-XLM is in a Cup & Handle
-No break out
-( AB=CD )
-0.16$ is the Target
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
XLM/USDT follow through in price momentum.Possible continuation from a technical and chart stand point in the next coming weeks. Could hit TP at around December time.
I expect a follow through in the price movement to retest the 0.16 region and continue from there.
4hr RSI needs to cool off a bit before a push to the 0.13-0.14 region.
Macro in the markets is off. Could Crypto be resilient to this?
This is not financial advice.
XLM/USD - Can XLM explode like XRP? YES! 😍XLM is lagging behind XRP in terms of price action. You can call it the little brother of XRP.
XRP consolidated in a similar channel and then broke out with a 50% pump.
I expect XLM to rally hard once it breaks this channel. The price action and volume show that buyers are interested.
My bias is bullish on this price action. Not sure why XRP and XLM are bullish in the current market conditions, but I am not here to judge, but rather to analyze the price action.
XLM looking quite decent here, but watch for a possible rejection again at the key resistance level.
Like and follow if you liked my idea!
XLM pumped 5%. What's next?Hello, dear TradingView members.
This is an XLM idea.
XLM moved 5% up and became one of today's top gainers.
The price now is on the local resistance level.
There are 3 support levels on the way down and only one solid resistance in the short-term scenario on the way up.
There are two scenarios in the current situation:
Scenario One:
The price will pass the local resistance and move to the solid resistance area and gets rejected and falls back on the local resistance and turns it into support.
Scenario Two:
The price will get rejected by local resistance and fall back to the half-shadow support levels.
RSI is in the overbought area, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.