3 days after hitting a wall of resistance at 40 cents and testing 30 over and over Xlm has finally started moving towards testing 40 again. It's a slow road with a lot of of resistance but once we hit 70 cents 93 cents is an open road after which it's price discovery time. Once 70 breaks I have no problem seeing a 1.50 xlm within two weeks. Just remember a slow build means true growth with massive supports against major losses. This is a great investment for someone who is looking to put their money in something and know in 2 years it'll have major gains.
Comment:
Not an investment for people with weak hands. I see a lot of people losing money playimg consolidation dips. Wait for big moves and solid confirmation before make sell decisions. Keep an eye out for fib levels for reversals on drops. There's so much support.