Stellar / Tether US
Long

XLM: Will Stelar Rise More?

680
XLM: Will Stelar Rise More?

During these days with the banking crisis BTC and ETH both benefited a lot
from the banking crisis.

The high speculation helped BTC to rise from 22k to 28K or nearly +30% in only one week.

On the other hand altcoins are not recovering with the same speed.
The focus is only on BTC and ETH.

Probably when the money will be released from BTC and ETH then we may see altcoins to move again.

In the current price position, XLM looks like it will rise and it should continue to move above the pattern as it was
position for this move for a long time.

However, as long as the price will be within the large wedge pattern we may see the price moving down again.

We want to see stellar to rise above the pattern in order to rise even more as shown on the chart.

Thank you and Good Luck!

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