Everything is going as "predicted" on technical analysis. XLM "always" depends on their own press releases/newsletters to pump a lot but overall is still bullish. Reaching ATH is a real target ($.87) on this upcoming cycle and we should use FB retracement to see how long we can be. There are some predictions on XLM like 5USD in March 2021. I'm bullish but this would be something like go beyond the moon to be among the stars (Stellars). At the moment we're able to pump 229% until ATH. Let's see and enjoy the ride. Hope you enjoyed it. NOT TRADING ADVICE. Do your own research.
And again. Breakout of a Bullish Pennant on the way (+ W pattern). Check target on chart:
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We migth face resistance on $.60 (previous cycle) migth forming a bearish descending triangle! let's see how it goes. Good luck on tradings
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Inverse Head&Shoulders rejected by ....
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Descending triangle! I hope bulls come after BTC run on ATH near FB level around 50k. We need them now because of this bearish descending triangle.
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Sorry! The last chart is in EUR, not USD, but you get the point. Keep focus, the time is now. Maybe we are doing a fractal from previous "peaks" that we went down for 2 FB levels ("as usual") Idea from @LinoCerrus: Let's see!
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Next 6h30 will be crucial for XLM, either to go north, either to go south! What do you believe that will do? Despite this analysis what else to consider?
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Or the next candle (4H) would be a "Morning Dojing Star" or we will be going down.
I totally agree.
Something to include is that the stellar org did a so called burning of 50% of the total circulation supply, wich in my oppinion would make the next ATH rise to new records.
Nasdaq wrote an article stayting at least 3x this year.
All the fundamentals are on our side.
Keep it up!
prodigy81
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@Jboeboe, big thks Jboeboe!
We have massive news, check the Twitter video! The actual price might be cheap because today maybe XLM was one of those who didn't pump so much...
@prodigy81, Thanks for update! This is exciting. Lets go further!
i8myapl
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Keeping XLM till it reaches $5. If doge can grow that much, XLM has much more potential.
deesonarnibal
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As far as I can remember, XLM has the same price as ADA historically speaking.
i8myapl
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Agreed. XLM is got alot going gor it, some project we dont even know about. German banks, Ukraine, it is a foundation not born out an ICO, IBM, and now a USDC stablecoin. Things will only go up. Patience will reward you nicely.
prodigy81
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@i8myapl, I've just updated some huge news from Stellar!
prodigy81
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Hey! Just check my chart and got scared by looking to this one!
If you hit the play on a computer on this chart, you'll see that we did a fake "breakout" (north) came back to the "big orange triangle", and the next target will be the bearish $.09 ? Is this possible what I'm reading?
i8myapl
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Stellar has more room to grow. We are still in its infancy stage.
Something to include is that the stellar org did a so called burning of 50% of the total circulation supply, wich in my oppinion would make the next ATH rise to new records.
Nasdaq wrote an article stayting at least 3x this year.
All the fundamentals are on our side.
Keep it up!