HODL and Get REKT
You clearly see a broadening wedge and I hope you’re not blind. If you’re not blind you will also see that price has broken below the wedge and price is trading below the support line. I want to be bullish on XLM like the rest of scammers posting bullish ideas on XLM without taking into consideration the reality. I have posted many XLM bullish ideas, but all of them have been wrong. Here I’m not analyzing or predicting anything. I’m just showing you what you do not want to see and accept. I will change my tone on XLM once I see a sign of life and bullish signals. XLM is getting slaughtered against btc, XLM is getting slaughtered against btc, XLM is by far one of the most underperforming assets in this cycle. This is not FUD, I’m only stating what has happened. Now if XLM flips and hits 38 cents, my narrative will change, but the asset shows no sign of reversal. we see bullish signals across the entire crypto but not on this shitcoin. We like to convince ourselves that XLM is a utility token and want to force ourselves to hold because of this reason. A pile of cow dong is worth more now than it did in 2021. Look at XLM with all the utility. 93 cent on 31st of December 2017, and now sitting and dying at 10 cents. I now concluded: cow dong has been a better investment than XLM and has been our performing XLM for a few years. Despite all this, if XLM manages to hit 38 cents and retests 22 cents, I’ll get back in.
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