Stellar Lumens
Long
Updated

XLM bullish signals for April - new ATH > $0.60

205
-- Fundamentals --

XLM has been consolidating for many weeks and is one of the last major Alt coins to move.

Greyscale has purchased 5.5m XLM last Friday.

USDC will use the Stellar blockchain to transaction, VISA will be using USDC for crypto payments driving volume on Stellar network. Similarly, USDT uses Tron ( TRX ) blockchain.

Coinbase IPO is on the 14-Apr, when crypto goes mainstream

-- Technical --

Bollinger Bands are starting to widen with increase volume

We have a bull flag and bullish divergence with the RSI (red lines) with candle sticks

1D MACD is showing a strong bullish signal for new bull run.



Not financial advice, educational only. Always DYOR.

Happy Bull Market come Alts season.

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Note
XRP on a tear for April - On target for ATH $3
Trade closed: target reached
$0.60 achieved, next high $1.00
Note
XLM hit $0.69 today.

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