XLM is testing new lows according the price movements on the hourly charts, which is a good signal to enter a short trade. But according to the stochastic RSI, the price is currently overbought as many traders are in on the trade, if one is entering the ride now, they should wait for a short-term bullish retracement above the current price at the recent resistance...
Hryvnia as an indicator of XLM growth is also a graph that shows when there will be an introduction of digital hryvnia based on xlm defined agreement between the Ukrainian authorities and Stellar developers already exists. With a high probability before solving the hryvnia problem, they will create a serious fall in UAH to which zone the analysis will be in the...
XLM topped out when it reached its previous cycle highs market cap. It also is reacting to previous support tested on the market cap, not the price chart.
XLM is a buy for me.
Price has rejected strongly from the 126-128 level on strong volume. This coincides with with oversold technicals and a bounce from the 50ma.
SL & 120
TP 160
XLM looks interesting, at a glance it is very similar to XRP except it is forming another bullflag instead of a descending triangle.
And its no surprise because XLM market cap is much smaller compared to XRP and potentially much easier to pump.
EOS kinds of reminds TRX, though the channel is a bit too loose and further away from the breakout point.
You can see XLM behavior since it has born in weekly timeframe. 4 targets levels could be seen on chart clearly for long-term investment.
Considering XLM parabolic behavior this wont take long time to take a lucrative profit.
