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XLM will likely drop an additional 25% before it rebounds.

XLMUSDT SPOT (BYBIT:XLMUSDT)  
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BYBIT:XLMUSDT   XLMUSDT SPOT
Trend Analysis Chart Patterns Technical Indicators STELLAR stellarlumens stellarbtc stellarusd STELLARLUMEN XLM XLMUSD xlmbtc xlmusdt
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trendanalysis chartpattern indicator stellar stellarlumens stellarbtc stellarusd stellarlumen xlm xlmusd xlmbtc xlmusdt
XLM appears to be working its way to the bottom trend line of the wedge pattern that has formed on the daily chart. If it does, it will likely bounce, and make a run for the top trend line of the wedge pattern. This could present many opportunities for day/swing traders, and make it easier to determine entry and exit points if it plays out.


Good luck, and always use a stop.
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