Based on previous breakout of downward trendline the potential for huge gains over the next month or so are great. The Meridian conference over the next couple of days will likely provide a huge clue as to the scale of the next move higher.
Monfex is at your service and today we overview XLM/USD log scale.
By breakout the first resistance line, Stellar will begin to target to the second, MA200, zone of resistance.
RSI is also movng to the overbought zone.
XLM will upgrade Q4 Protocol to the end of this year.
The resistance zone ~ $0.875
The local support zone ~ $0.65
XLM has broken up from its downward wedge and looks to aggressively regain ground as Bitcoin's price comes under pressure.
XLM has partnerships with IBM, Deloitte and other national banks in emerging countries.
XLM is a much quicker payment system, much cheaper and much more decentralised than Bitcoin. Furthermore it is open source and therefore is likely to...
This trade is aimed at longer term holders. The market in all crypto's has shown a very strong start to 2019 with 5 clear impulsive waves up. Thus an ABC has followed and it is extremely likely that another 5 waves up will now follow. This is possibly the best opportunity to get into crypto as XLM has nearly reached the 0.618 retracement of wave 1. The target is...
XLM looks like its completed 3 sub waves of a higher order wave 1.
Wave 4 is currently forming, and i'm expecting a C move down the 0.5 fib.
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long bear move of xlm is over and with the recent bull run of btc, xlm also broke its falling wedge... so i guess xlm bull run is gonna be pretty strong and in less than 2 weeks i believe its gonna hit 50% gain...
Last 10 days of Feb will be full of anticipation. Lots of powerful fundamental news happening all together...
So i think the whole cryptocurrency will see a strong uptrend for couple of weeks to come.
amongst many coins i image BSV & XLM will be among those which will hype powerfully.
important events of feb:
1- The Samsung Galaxy S10 launch date with its...
Market dropped as expected from my views on Crypto. Now what's next for Holders?
During this kind of market, holders should swap to a better coin comparing to main coins that they are holding, for example ETH holders should consider to swap to XLM 0.00% (then swap back in a better time) because this XLM/ETH likely continues its uptrend as my analysis on the...
Looks like XLM will range here through this triangle above support for a while, the yellow line is my thoughts on what XLM could do in the future. Fundamentally some decent projects being built on XLM, and it has been the only coin really taking off seeming completely unaffected by the 10 month bear market. Would buy the dip closer to the support level in purple.
. Stellar/BinanceCoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 51.
. There is a possibility of temporary retracement to suggested support zone (0.01960 to 0.01570). if so, traders can set orders based on Price...
The highlighted yellow in the chart shows a recurring pattern before it hits the resistance line and subsequently bounces off.
Use any techniques like this to help astablish a large patterns future points.
In this example it has helped show that the last point of this ABCDE wave. My expectations are for this to go long now.
Use this price for a nice buy in...
Hi guys, there are altcoins in top 20 that fall a lot (Neo), or Alts that fall just a little (ETH). But there is also one altcoin that is growing quite a few months already. This altcoin is Stellar and you can see that it made it´s year´s low already on february. Since that time, we´re in process of making higher lows and lower highs, so creating a clear triangle....
XLM has come back down and is now at a key support level. It also is about to touch the uptrend line it has been following for quite some time.
If BTC behaves there could be an entry here for a 9% gain up to previous structure.
We need a close above the support at 4344 and a bullish engulfing candle for confirmation.
I drew that yellow line its resting about 3 weeks ago, and it is really sticking to it. From using my graph, I predict that we will exit the fib circles with a new pump, XLM and XRP have always had similar pumps every 6 months, so I'd be fascinated to see if it does it again. Secondly, the commodity channel index, is predicting a period of stable accumulation...
Thank you for your interest. So far I have been very successful in predicting XLM's movements since mid-2017.
(Please have a look at my "Lumeneer" Twitter feed's media forsome good past calls.)
I'm a strong supporter and believer in Stellar Lumens as a project however I think a break from downward trend is unlikely in the near future. I see XLM...