im 100% sure that we will see price of 1 xlm to be over than 1 xrp . The flip is happening
a buy should only be trigger when we get passed the long-term downtrend line again
The only difference right now is that this july has lower MACD's value which tells us that Bull still has steam to go higher . This will only happen IF the MACD lines move like what I draw in the image :). Considering bitcoin has recovered strongly , the chance for xlm's bull to continue on is pretty high.
we bounce back at long-term downtrend which acts as support now. So the bear div is just a bear trap.
For better confirmation, we need to wait for a break of previous high.
if you buy now, just set stop loss below the long term downtrend
Thanks for your analysis and have a nice weekend!