XLM tested the previous high at $0.40 cents, but was quickly pushed down as the broad market corrected today, as led by ETH (see my idea on that).
Nevertheless, XLM is still keen to go higher with a bullish price action and indicators. This last rise to $0.40 was also on increasing volume which shows interest in XLM is picking up.
On daily and 4h timeframes the indicators remain bullish despite this correction and if we don't drop again, I can see us easily going higher and maybe pass the current resistance.
I remain bullish as long as support holds.
Like and follow if you liked this idea. Also join my crypto community to stay in touch!
Nevertheless, XLM is still keen to go higher with a bullish price action and indicators. This last rise to $0.40 was also on increasing volume which shows interest in XLM is picking up.
On daily and 4h timeframes the indicators remain bullish despite this correction and if we don't drop again, I can see us easily going higher and maybe pass the current resistance.
I remain bullish as long as support holds.
Like and follow if you liked this idea. Also join my crypto community to stay in touch!
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📣 Find more Alpha by joining Your Crypto Community 🔰 LINKs BELOW 🔰
🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
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🔹 Over 5,000 members!
🔹 Real trades & wins explained
🔹 Trading ideas, crypto trends & alpha
Likes and follows appreciated! 🚀
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.