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LuckyTradez
Jul 10, 2020 7:33 AM

XLM - at historical resistance 

Stellar / TetherUSBinance

Description

XLM has been one of the coins lately that has been a part of a recent strong push. We can see that it formed double bottom and broke the resistance that has been holding since the July 2019.

This resistance has been tested quite some times and it seem unbreakable, how about now?

The candle closed above the resistance and new one opened above, however it is now trading below the level. If the daily candle closes below the resistance we might see XLM get rejeceted once again.
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