XLMUSD - Support Level Reached A support has formed along this trend line above the double bottom below
I believe this will be a point of recovery for XLM
The trend line can be seen due to the points of both support and resistance.
Key stats
About XLM
Stellar launched in 2015 as a new and quirky alternative to storing and moving money. The protocol links people, banks, and other financial institutions with the intention of reducing transaction costs and time lags between transfers. Its native token Lumens (XLM) is used as an intermediary between different fiat currencies. For example, the protocol can convert deposits into XLM, then convert XLM into the requested currency. As with many other crypto projects, Stellar also seeks to bring its technology to developing communities that either feel the burden of traditional banking or are unable to access it at all.
XLM TREND ANALISIS"With this analysis, everything seems clear, but there is a second factor that comes from below the previous line of resistance. And the trend will be further determined by higher levels of support. :)"
XLMUSDT Price AnalysisUpdate:
Here are several noteworthy observations in the current price action on the chart. Firstly, the recent trend has transitioned from bearish to bullish following the formation of a candle above the CHOCH. Secondly, an Anti Cypher pattern has emerged on the chart, signaling a bullish sentiment.
XLM special abc analysisIt seems that this is quite a reality, I could be wrong, but the analysis revealed such a picture.
PS don't forget to SUPPORT the analysis and if you like MoralDisciple better, FOLLOW.
XLM 9/29/23I got in XLM 9/21/23 @ $0.112120 riding it up & down!
I will sell when BTC hits around $35,000
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Much Love! & Stay Strong!
Steady with Stellar XLMStellar Lumens LSE:XLM
Shared originally elsewhere and forgot to post here. Since then we had this 16% drop as expected.
This sort of scenario would not surprise me and would be a great opportunity buy off of some strong support. That being said an entry on the 200 day SMA could be considered
XLMUSDTWe have a long signal on the daily indicator. These are short term goals. I expect 100% completion on the hartley. There will also be continued growth after these values
Will Stellar Crash Under $0.10?XLM price shows a descending triangle pattern in the daily chart.
Prices are close to the 200-day EMA and $0.11 demand zone.
A breakdown below $0.11 could lead to a plunge to $0.096.
Recent 17% pullback from resistance trendline.
Sideways trend indicates a lack of bullish momentum.
Market price cros
STELLAR - XLM / USD INTRADAY PREDICTION SEPTEMBER 26TH 2023BUY ABOVE - 0.11018
SELL BELOW - 0.10996
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Please NOTE: this levels are for intraday trading only.
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Support Under AttackThe support level marked in light green is being attacked by the sellers. A level once acting as the resistance has turned into a support that may or may not hold. A close below this level on the daily chart can push us back to the support level shown in yellow, which might attract lots of small and
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