XLM/USD - Major move. Stellar to re-test ATH at $0.9!
Stellar is fast approaching its previous ATH at $0.92. This was our top last time and we're on a rocket to retest it.
We have only one major resistance before this can happen at $0.73, after that, ATH is in range.
Today we made a massive break above a major resistance at $0.58 which pushed us down twice before. Now that we made it support, we can celebrate future price gains.
The indicators are sexy with RSI and MACD looking very bullish on daily. Volume has also picked up in this last week or so, which shows this move higher has legs.
I expect continuation and a nice bull run higher. Granted, XLM is also following XRP which usually pumped twice as strong, so any pump in XRP leads to XLM making good gains. The opposite also applies. This is because bots seem to trade these coins together / they are correlated.
Enjoy the ride! Bias remains very bullish.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
We have only one major resistance before this can happen at $0.73, after that, ATH is in range.
Today we made a massive break above a major resistance at $0.58 which pushed us down twice before. Now that we made it support, we can celebrate future price gains.
The indicators are sexy with RSI and MACD looking very bullish on daily. Volume has also picked up in this last week or so, which shows this move higher has legs.
I expect continuation and a nice bull run higher. Granted, XLM is also following XRP which usually pumped twice as strong, so any pump in XRP leads to XLM making good gains. The opposite also applies. This is because bots seem to trade these coins together / they are correlated.
Enjoy the ride! Bias remains very bullish.
Like and follow if you liked this idea! Also join my crypto community to stay in touch!
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