The fundamentals look good. The technicals look good. I am a fan of Stellarlumens (XLM) here. Refer to chart for some key notes. Basic candlestick support and resistance is identified.
Most importantly Stellar is testing a major resistance in a cup and handle up-trending pattern currently. Popcorn ready.
Update to my last plan (click here) which played out perfectly.
Not sure if it was IBM news or pent up buying pressure.
It topped about where expected, and is now pulling back.
It has just hit first support zone and is reacting pretty well.
There is however a Resistance zone close to current price.
Perhaps a scalp long now in case it is ready to resume...
Stellar has seen some much needed tailwinds in this enduring break market through the likes of IBM and its tie up with XRP which should bode well in the long term due to its solid fundamentals. However XLM has seen a dramatic increase from around 10.5 cents to 11.5 and has since corrected to around 11.1. While many people are jumping upon this opportunity to...
Stellar has been growing its network gradually and I expect to see a test run to .20 cents reaching FIB 61.8% ZONE. Here is what I see play out. Enjoy :)
Entry now @ .114 or .10575 cents
TP: .20 cents
IBM signing up 6 banks to use the crypto for cross-border remittance...
Stellar got some love from recent Crypto-wide rally.
But it has been a laggard compared to other big coins.
I think once BTC and ETH settle down, XLM might go.
There is Key Resistance just above current price.
If bulls can break the 4.618 then it might run.
Round number 0.1000 will also cause a pause.
But once past the nearby hurdles, then 15-25% jump is...
First TA since my ban was lifted yesterday! (Formally known as TragicShitCannon.
Cup & Handle confirmed on the Daily which we have now broken. Short term future looks good for Stellar.
Money 20/20 Could be significant, possible dump after...
"Stellar’s cryptocurrency, the Stellar Lumen (XLM), powers the Stellar payment network. Stellar aims to connect banks, payment systems and individuals quickly and reliably. Since its launch in 2014, its vision has been to unite the world’s financial infrastructure so that money can flow quickly and cheaply between banks, businesses, and people. The Internet...