My TOP10 project list - pick number 8/10

We are now entering the last 3 top picks of my list.

These are no micro-caps anymore. These are solid blue chips that are already in the top30 of the overall crypto market.

Whereas I am only allocating 1% to the previous tokens (1-7) because they are highly speculative, I have allocated 14% of my crypto capital to this project.

No presentation needed for this project. It has been around since 10 years and will have its piece of the pie. There is no doubt in my mind about that.

The technical analysis is screaming "bullish": look at the Monthly chart ! Every time the RSI has crossed the SMA (simple moving average) - GOLDEN CIRCLES at the middle section of the chart, the price has dramatically increased (1st Feb 2017 - 1st Apr 2020 - and recently 1st May 2023).

The RSI cross is the first, early signal. There is a 2nd validation signal, that is the MACD (Moving Average Convergence Divergence) indicator. The PINK CIRCLE at the bottom of the chart. When this indicator make a cross momentum picks up steam. This indicator flashed on 1st July 2023 right before the news that Ripple had won in court agains the SEC (13th July 2023).

So, whatever people may say, Macro interest Rate narrative, Looming Recession, ... whatever ... WE ARE IN A BULL MARKET FOR XLM !! No doubt about it !!

Can there be an important correction / crash / drawdown of 50% ? Sure ! We have to be ready for whatever black swan event shows up. However it would probably be short lived and would not change the bullish overall momentum of this coin.

Hold steady. Be strong. XLM is in for extraordinary gains !


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.