Reading though the 5minute to 45min chart analysis XLM is setting up for what appears to be a minor break out. Could see sats upwards of 6300 and a consolidation slightly after of around 40%.
Going Stellar (STR/XLM) Up the Bull Flag Staircase
Bull Flag after Bull Flag (breathers) up the staircase to heaven. 50 EMA (50 day moving average), RSI and MACD all curling upwards, as it's looking like it's getting ready for another wave.
Transactions on the decentralized Stellar network resolve in 2-5 seconds for a fraction of a cent, aiming for low-cost...
Resistance is already broken. We are experiencing linear fractal growth, so I expect this to continue.
Beautiful Jaws of wealth with a nice resistance. If we look at the length of each wave on the left, they (will) progressively get longer by an average of 1.53 times the length of the previous wave. An update will come with the next best entry point.
Target 1:...
XLM is bullish, trend indicator looks good, price is above the cloud and its green so up trend.
I expect a small correction before reaching the final target, or if the volume goes up higher it might reach the target right away (I dont know the future) but a small correction would be logical.
XLM tried to go up higher than 4k sat back in May 2017 but it failed...
After making a correction from $0.30 USD resistance price nearly dropped 60% To $0.17 USD in between $0.1 and $0.3 USD key levels and now it's retracing up as per the applied Fib levels after a short consolidation period.
In the latest analysis on XLMUSD published on Dec. 20 it projected price would reach $0.4 USD. Although the recent drop in price might have...
XLM seems to follow XRP most of the time so it would be fitting to chart XLM aswell. Looking at the chart I see an ascending triangle which is bullish if it breaks through the horizontal resistance. RSI and MACD aren't looking all too dandy right now but it might recover later. Kijun also crossed over the tenkan which is a bearish signal but it's above the green...
XLM forming a cup and handle pattern, further supported by an increase in volume, bullish RSI and MACD. Good buying zone at the moment for a 40-50% potential profit target.
Once BCC Finishes Showing off with its influx of new money; BTC and XLM Will have a Pump-a-thon before Christmas Day...What a wonderful Christmas gift to all :D (51-93 Cents)
**These are my opinions; Speculative and Predictive Guesstimates. Simple TA; anything more is a waste of time in my opinion; There is a potential that im 99% wrong
Ripple is currently at $0.75 USD jumping recently from its consolidation at $0.25 USD. On the other hand Stellar Lumens act as a competitor to the Ripple but XLM is decentralized while Ripple is not yet. Therefore it is possible for Lumens to be embraced by a lot of Crypto investors in the future fueling the price to reach $0.4 USD or surpass it.
Stellar has been in a flag pattern and has been beating on the resistance level. We are also getting confluence from the RSI on the 2hr chart, which is about to break into the bullish zone again (65+ points). It should break it within the next 2 hours to the upside to complete Wave 5 of this EW pattern.
EW guidelines state that Wave 5 can go up to 1.68 of the...
My previous post, I mentioned we were in a bullish flag. That doesn't seem to be the case anymore. Our bullish flag has changed to an ascending triangle, which signals potential bearish activity. Therefore, long has changed to short.
I intend on setting stop-losses along the triangle's support line and sliding them up as long as the price does not break the line.
Stellar Lumens has just broken the resistance at 1050 sats. It will be confirmed above 1500 sats. Short term targets 2000 and 2600 sats. Good for holding mid term, in weeks it may hit 4500 sats.
