BTC suddenly pump a couple grand yesturday and led to some alts pumping up. People might fomo which looks good for longers!
- Chart Analysis
- For the past month, XLM has been following a descending trend and channels nicely with my lines.
- Yesturday, XLM slightly broke my line.
- Takeaway
- Only time will tell if this is a bull trap/rejection for XLM but do know that XLM has amazing partnerships and if banks start adopting XLM, then XLM prices will reach unimaginable and astronomical heights.
Current Market Price: $0.2741
Good Luck
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