XLM / USD 12 MONTH TA PREDICTION
Let's start with main question, WHY WOULD IT GO UP?
1. Liquidity coins will be in demand
2. IBM World Wire Integration
3. Institutional Investors
4. Media Hype
5. Bullish MASSIVE accumulation pattern
6. Newer partnerships to be released
Minimum XLM 12 Month prediction is $10
Maximum XLM 12 Month prediction is ...
XLMUSD has been showing some bullish signs after finding support in between the 50-60 % retrace from the miniature bull flag whilst squeezing on the monthly moving average with the drawn trend line signaling a breakout if we have a rally that breaches and closes with a few lines above the MA.
In the case of a breakout we can expect a surge upwards 0.14 ...
STELLAR LUMENS (XLM)
The 2017 retracement (May 06 to September 09) on the support of 23.6% of Fibo was -76%
The V bottom under the 23.6% (-57%) was made quickly between September 10 and October 05, 2017
The retracement of 2018 (from January 03 to November 18) on the support of 23.6% of Fibo was also -76%
The current V bottom under 23.6% is of similar ...
Like many alts, XLM is forming a bullish wedge. Buy zone is between 9c and 10c as this will act as support and resistance near to the breakout.
Why exactly 9c and 10c? Simply because they are round numbers, and round numbers in crypto are often psychological. Entry at 0.94 would be good as it could be a strong double bottom for this pattern to ...
Its been a long, long time since we’ve had the chance to look at $XLM. So, we’re going to take the time to do so now:
In the above chart, we’re in the H4 resolution.
However, before we cover what’s going on in that picture, here’s another one of the same chart resolution with a little more detail added for ...