XLM to next support at $0.28 and probably $0.25.
This is on the 1D chart. Looks like XLM has had a failed breakout from the primary downtrend channel just like the other alts.
Except, XLM has negligible volume. Which might be alright because in a bear market, coins with lower volume get less attention and tend to go down slower than the higher volume coins.
1. The volume bars are pretty much non existent.
2. MACD made a bearish crossover
3. Stochastic RSI has a lot of room to go to oversold.
4. Next support at $0.28 then $0.25.
Not trading advice. DYOR.
Except, XLM has negligible volume. Which might be alright because in a bear market, coins with lower volume get less attention and tend to go down slower than the higher volume coins.
1. The volume bars are pretty much non existent.
2. MACD made a bearish crossover
3. Stochastic RSI has a lot of room to go to oversold.
4. Next support at $0.28 then $0.25.
Not trading advice. DYOR.