From looking at the weekly chart, it's obvious that XLM
is looking very bullish
. I am not worried about any short term BTC
run that will result in a temporary dump of XLM
because as you can see, the weekly candles are looking strong AF
. With crypto becoming mainstream, XLM
is surely one of the first alts to benefit due to its established history on the scene. As XRP starts to become more mainstream, XLM
is sure to follow as it is a fork of Ripple. Rumors are swirling about big announcements on the way, and although I have no idea what those could be, if they are substantial - it's looking like a good thing for XLM
There has been a 13/48 EMA
cross over all the way from the 1 hour to the daily and it looks like we are just crossing over on the weekly chart now. Coincided by a huge increase in volume
over the past month, it's looking like XLM
is going to have amazing growth over the next weeks/months.
See you on the moon :)
p.s i am a n00b, take it all with a grain of salt.