XLM just broke out of its downtrend after months of being stuck in a falling channel. The breakout came with a strong 12% pump, and price is now holding above both the trendline and the 40MA, a solid bullish sign.
If this move holds, we could see XLM push toward the $0.4540 zone (that’s nearly 80% up).
A quick retest around $0.2646 might be the next best entry.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.