Stellar has been performing well lately against...everything. We see all alts recovering from their long term bottoms. We are already seeing Alt season underway.
We should continue the formation we have seen previously and will hit 150% of today's price by EOY. Others are calling for much greater and I also see that happening but short term we can shoot for this.
I think BTC will recover however it will not post the gains we would like to see until after the halving. There is not reason to hit a new ATH in Bitcoin before the halving.
If we continue the trend as BTCUSD has shown, we should hit .0000108 and retrace to .000008550. The VPVR is showing support at .000008 and resistance at .0000154 which is our eventual target.
We are seeing similar moves with LTCBTC and should hit similar targets very soon.
We should continue the formation we have seen previously and will hit 150% of today's price by EOY. Others are calling for much greater and I also see that happening but short term we can shoot for this.
I think BTC will recover however it will not post the gains we would like to see until after the halving. There is not reason to hit a new ATH in Bitcoin before the halving.
If we continue the trend as BTCUSD has shown, we should hit .0000108 and retrace to .000008550. The VPVR is showing support at .000008 and resistance at .0000154 which is our eventual target.
We are seeing similar moves with LTCBTC and should hit similar targets very soon.
Comment:
We still have a little way to go down from here. We should touch green before proceeding back up to yellow. Don't panic sell here we are close to the bottom.