XLM rose with good news.
I'm curious what will happen in the future.
The biggest problem with XLM is volume.
Unless you are attracting the attention of many people and the volume of transactions does not increase, there will be a lot of difficulty in overcoming and rising those who sell.
Important points for XLM are 0.06727739, 0.15654316 and 0.25459096.
XLM has just moved out of its historical downward trendline and the RSI downward trendline.
The price has been kept for a while at 0.08089452, a small point just above 0.06727739.
This may have been a brief pause as the BTC fluctuated.
However, while it is common to carry a lot of trade volume as a big signal of the increase, it may not be able to strengthen the upward trend.
XLM needs more time, and more good news.
- Previously published charts -
I'm curious what will happen in the future.
The biggest problem with XLM is volume.
Unless you are attracting the attention of many people and the volume of transactions does not increase, there will be a lot of difficulty in overcoming and rising those who sell.
Important points for XLM are 0.06727739, 0.15654316 and 0.25459096.
XLM has just moved out of its historical downward trendline and the RSI downward trendline.
The price has been kept for a while at 0.08089452, a small point just above 0.06727739.
This may have been a brief pause as the BTC fluctuated.
However, while it is common to carry a lot of trade volume as a big signal of the increase, it may not be able to strengthen the upward trend.
XLM needs more time, and more good news.
- Previously published charts -
[Example of exchange chart setup]
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
(Binance)
www.tradingview.com/x/S94aDxa8
(Upbit)
www.tradingview.com/x/DF6cGh3G/
