Very simple and straight forward analysis. Macro Double Bottom pattern with IHS. This double bottom has been forming for almost 6 years.
I am also pointing out the fact XLM did an initial 40x pump in 2017 after consolidating for almost 3 years.
Overall, macro price for XLM keeps making higher lows since 2014 and the price is currently 70x above the 2014-2017 bottom for XLM. This shows strength of holders which will attract more investors.