XLM USDT likely to fall further
XLM USDT has been in a downtrend and every pull up failed to break price from the trend. This has pushed XLM to a ley support area and now the price is likely to move downtrend.
This is due to the following reason.
1 - Low momentum
2- MA to cross each other in some time
3- MACD still doesn't seems to bottom out
4- RSI fails to make new highs
The red line in charts shows resistance and blue shows support for the coin.
Once MA crosses each other price is likely to tank and break support and RSI got pretty much room to make it happen.
Note : Trade at your own risk.
TIp Jar:
BTC : 13dB8bdNwNmYdNem5KhnCGb1S9iM1ZNgZV
LTC : LcWFNjq8n1rgAkf5ZcgiHs8fcRXqb5tfxW
DOGE : D7mUH48M5SN5vi3R2p5RzWPpyypkRjeCE6
This is due to the following reason.
1 - Low momentum
2- MA to cross each other in some time
3- MACD still doesn't seems to bottom out
4- RSI fails to make new highs
The red line in charts shows resistance and blue shows support for the coin.
Once MA crosses each other price is likely to tank and break support and RSI got pretty much room to make it happen.
Note : Trade at your own risk.
TIp Jar:
BTC : 13dB8bdNwNmYdNem5KhnCGb1S9iM1ZNgZV
LTC : LcWFNjq8n1rgAkf5ZcgiHs8fcRXqb5tfxW
DOGE : D7mUH48M5SN5vi3R2p5RzWPpyypkRjeCE6
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