WorldEconomics

Stellar XLM - End of the Year Breakout?

Long
WorldEconomics Updated   
There has been lots of new developments with Stellar. Lots of exciting releases coming from the team behind Stellar. These all add up to prospects of handsome returns:

  • MACD has plenty of room to move up.

The RSI is high, so this is one to watch. It may come down a bit before heading back up. This should translate to $0.075, before heading back up IF the RSI is to be followed.

The entire crypto market is starting to shape up into a 2017 style bull run. We see the same trends and moves that we did in 2017. Fundamentals:

RSI and MACD are in a long term bullish movement with plenty of room for a breakout.

Comment: Disclaimer: Cryptocurrency market is notoriously unstable and are easily influenced by external events. This is no guarantee of a breakout. This analysis is based on past events and indicators.
Comment:
The market is cooling off as it does in any bull market. You can see from the passed, lots of selling than massive rebuying
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