After we'd reached the top of the horizontal channel which is the accumulation zone, XLM went down and now we are at the 61.8% Fibonacci level.
Stellar grew in correlation with Bitcoin. During the last weeks, only two coins were growing paired with bitcoin - DGB and XLM.
In my opinion, we are still in the zone of accumulation. After we'll break the resistance line we can see a very big upward movement and it will be a new bullish cycle.
Best regards EXCAVO
Stellar grew in correlation with Bitcoin. During the last weeks, only two coins were growing paired with bitcoin - DGB and XLM.
In my opinion, we are still in the zone of accumulation. After we'll break the resistance line we can see a very big upward movement and it will be a new bullish cycle.
Best regards EXCAVO
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