Stellar LumensLong
XLM close to turning point,
Overall setup is bullish with short term drop to $0.31 are and then bouncing higher to break resistance around $0.40, then moving higher.
Short term drop coincides with likely correction in the current stock market.
We have allot of trouble breaking $0.40 resistance area but bounced back with higher lows every time, and so upward pressure is definitely there.
Monegram deal will begin to produce news in November- December and movement on chain and insider buying will begin.
Next year will be important for monegram deal, if we see real money begin to move - XLM will continue to be bullish, with significant momentum.
Short term drop coincides with likely correction in the current stock market.
We have allot of trouble breaking $0.40 resistance area but bounced back with higher lows every time, and so upward pressure is definitely there.
Monegram deal will begin to produce news in November- December and movement on chain and insider buying will begin.
Next year will be important for monegram deal, if we see real money begin to move - XLM will continue to be bullish, with significant momentum.
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