The current XLM chart leaves plenty of room available for major gains over the next 6 months to a year. XLM generally runs with XRP.
Good luck, and always use a stop-loss!
STELLAR - Intraday Update - 12/06/20 (Short-term)
Bottom Line: Subdividing higher within wave iii of (iii)
Breaking above $0.23179 is the next upside objective for the bulls.
Outlook: A fifth wave rally is in its early stages.
Note: Prices can vary between exchanges, and consequently there may be differences in our chart prices due to different data sets.
We can see Lumens trading within a clear descending triangle on the 2 hour chart.
I would open a position once there is a clear break and close above the descending line.
RSI is also trading within the same pattern.
The fundamentals are excellent with Stellar Lumens. So I expect it to bounce back strong very soon.
Note: Not financial advice. Charting what I see.
