XLM USD is ready to go higher

Xlm has found support around 20 cents and short term support above 25 cents

Xlm has seen a massive retracement from the recent high nearly 3x the current price, people were willing to pay 80 cents for it not to long ago so why should you be afraid to buy it at 25 cents? Some of you guys really need to pick a project you can get behind and stick with it instead of chasing these pumps! DCA into a coin you believe in! Don’t miss out chasing things and be caught saying that you knew that was a gem but you were to busy dicking around with sketchy projects to just buy back then what is a small fortune in the future!

Stellar is a very fast moving coin if you look at the history of price is tends to explode upward in a parabolic manner and slowly sell off before the next leg up. I think that next leg up is coming shortly. Stellar has smart contracts on a very fast network with much more decentralization than ripple.

I will be accumulating as much as possible below 50 cents especially around 20 cents. Don’t be surprised if you get caught waiting for a dip and it takes off. I think DCA is the way to go here because of the explosive nature of xlm’s price action.

Checkout my previous analysis on Xlm as well!
Chart PatternsTechnical IndicatorslumensSTELLARTrend AnalysisXLMXLMUSD

Related publications

Disclaimer