XLMUpdated A Stellar Turnaround
The bad news for Stellar is we are probably going to hit .17 today.
The good news is we are likely going to turn around and hit .21 in relatively quick form.
Many of you can see the H&S patter that we are completing . It looks like the right side still has further to drop before we see a recovery.
Long term XLM prospects are good. It seems like most alt coins XLM is lock step with BTC. The different of course is that when there is a crypto recovery XLM should recover at a more rapid pace than many other coins. We've seen prices in the .60s and .40s this year - at our current low - with no fundamental changes to the project. It seems like we are poised for a healthy recovery.
If you are timing your buying we are reaching the point where Stellar is about to convincingly turn around.
The good news is we are likely going to turn around and hit .21 in relatively quick form.
Many of you can see the H&S patter that we are completing . It looks like the right side still has further to drop before we see a recovery.
Long term XLM prospects are good. It seems like most alt coins XLM is lock step with BTC. The different of course is that when there is a crypto recovery XLM should recover at a more rapid pace than many other coins. We've seen prices in the .60s and .40s this year - at our current low - with no fundamental changes to the project. It seems like we are poised for a healthy recovery.
If you are timing your buying we are reaching the point where Stellar is about to convincingly turn around.
Trade closed: target reached
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