Just due to a panic selling of alts we saw XLM retrace a little. It has already went through the 50% fib and is looking to test the 61.8%. Before bouncing north back to 4800 sats. From 4800 it could either go through and north to 6k, or bounce down to the 3800-4k range. From there it will then bounce off of the trendline and go to or through the 6k-6100 range. Depending on momentum and volume and the showing of any divergences we could see a double top.
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Penafian