“After the large range days of the past few days, the XLM/USD pair may enter a few days of consolidation as traders digest the recent gains and decide on the next course of action.
If the bulls can push the price above $0.409, the pair could resume the uptrend that may reach $0.50.
On the contrary, if the price slips and sustains below $0.266547, the pair may drop to the 61.8% retracement level at $0.232828 and then to the 20-day EMA ($0.19).”
“It’s funny, thinking back to Bitcoin at $0.25… They didn’t think it’d see $1. Then at $8 many investors had enough, calling it an “S” coin and sold out. Now many don’t think XRP/ XLM could achieve $100.. Patience”
“#XLM making a triangle formation after a bullish run.
Looking for a breakout in the bullish direction, a retest of the now support line, and a further bullish run.
Keep at it!”
#XLM #STELLAR #CRYPTOCURRENCY
I am not a financial advisor. This is for entertainment. Investing should be done with a professional