For me, XLM hit the bottom of the previous big rally and is ready to go for steady growth.
been following XLM / STR for about a week now. very bullish on this altcoin for the medium-term. heavy resistance at ~500 satoshi - if you wanna be extra safe, wait for it to break this resistance line to enter. been consistently holding higher lows. if you decide to enter this position and can handle holding for around a month or so, the risk/reward is extremely...
XLM/BTC trading near support line in a ''Low risk'' buy area. Check out the 4hour chart for more detail.
XLM price is fighting to breakout of a triangle chart pattern. It hit resistance at the 0.00000514 level and will have the SMA100 to deal with. RSI is supporting the upward movement. Place buys as to avoid fake-outs. A conservative buy is shown. A more aggressive buy could be placed around the 0.00000518 level. ...but what do I know, I'm just a space suit...
Doing this per request. Please be patient as each chart takes me some time. Fundamentally, from what I can remember. XLM is similar to XRP and at some point the same developer(s) of XLM worked on XRP. There was a dispute and here we are now. At some point in June or so there was a major dump of stellar due to free coins entering the market. That is over now and I...
XLMBTC formed Cup and Handle formation and it is very possible that after this small push back to move up nicely. Follow the trend and lines.
The same pattern & breakout occurring right now on XLM. XRP and XLM have correlated pretty nicely.
Stellar Lumens ($242,345,376 market cap) already hit bottom price, and break resistance, and now under value. we have two target here : TP1 : 420% at 0.00001934 and TP2 : 670% at 0.00002904 Good luck.
enter: 518 stop: 440 target: 796 (at least 50%) Why? - Volume rising - Descending resistance breakout - Going through the cloud
XLM is in the sideways trend, and is approaching oversold on Stoch RSI. ADX shows there are more sellers than buyers driving the price down, but the trend is clearly weakened. It is also approaching the downtrend resistance line, and will soon have to decide where to go. While it has been trending down overall for the past 4 months, there is some room for growth...
XLM is showing some weakness in an ABC correction, RSI and MACD about to break the trendline and heading towards the previous bottom. Once near that bottom, we can look for new longs.
XLM/Stellar is showing a nice uptrend from the bottom. But I wouldn't buy here as I'm expecting a correction after hitting (3) in the blue target zone. Short term traders should wait for a pullback to 4 (exact area of bouncing can be determined later) for a next ride to the next blue target zone. Exact target (5) can be determined once leg 4 has been finished....
According to FIB channels and the downtrend, it seems that Stellar has reached the bottom! Somewhere around the current price should be a nice entry, XLM is ranked #10 on coincap with a market vol of 528mil #undervaluated but has potential. (Make sure you always spread your investments, spread your risks especially with cryptos). Goodluck!