STELLAR
XLM broke out falling wedge and can shape inverse H&S#XLM/USDT
$XLM broke out from falling wedge, and hold the support zone.
🐮 holding the support can increase price to $0.23 that is around neck line of inverted head and shoulders pattern.
break out from neck line will increase price to resistance zone around $0.27 and $0.32.
🐻 rejection from neck line will drop price to break down current support and reach support zone between $0.15 and $0.12, that will be a pullback to broken falling wedge.
This week's closing price for XLM Coin will sort out the market Stellar coin appears to be in minor recovery phase for the short-time period, on the flip side it's still bearish in weekly chart.
The XLM coin price is presented below the essential moving averages (such as 20,50,100 and 200 EMAs) on the daily price graph.
The daily RSI is showing a bullish trend with a half-line (50 points) as an indicator. However, the RSI did not move into the overbought zone before recovery, which means that XLM has a bullish potential.
The ADX indicator continues to move down and forms a low-high pattern in the context of the daily price graph.
For a strong bullish run, the bulls need to push the Stellar coin above the $0.24 resistance level as soon as possible. On the other hand, if they fail to manage the act, the wide range consolidation phase may continue for a long time.
Support level- $0.1850 and $0.160
Resistance level- $0.240 and $0300
Get AMP ed Up 4 a Reversal Rally in this Payments Network Micro“A stupid man's report of what a clever man says can never be accurate, because he unconsciously translates what he hears into something he can understand.”
the obvious downside is that the trading volume is very low relative to Market Capitalization.
Amp is described as the new digital collateral token offering instant, verifiable assurances for any kind of value transfer. Using Amp, networks like Flexa can quickly and irreversibly secure transactions for a wide variety of asset-related use cases.
Amp claims to offer a straightforward but versatile interface for verifiable collateralization through a system of collateral partitions and collateral managers. Where collateral partitions can be designated to collateralize any account, application, or even transaction, and carry balances which are directly verifiable on the Ethereum blockchain, collateral managers are smart contracts that can lock, release, and redirect collateral in these partitions as needed in order to support value transfer activities. Amp supports a wide variety of use cases for collateralization, and also introduces the concept of predefined partition strategies, which can enable special capabilities such as collateral models through which tokens can be staked without ever leaving their original address.
XLM ; Into Falling Wedge Pattern ReversalXLM has been trading a falling wedge pattern since may 2021.for now xlm after that price had touch upper trend line and price rejected , i expected it will probably further bearish to 0.18 ~ 0.17 zone again just like a last month and after that the XLM will prepare to break out Falling wedge bearish pattern and it is ready to flying to reach to 0.4 or even higher that as you see on the chart.
Stellar (XLM) - April 8Hello?
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(XLMUSD 1W Chart)
Primary resistance: 0.287263-0.307301
Secondary resistance: 0.402523-0.439998
Support: around 0.124080
We need to see if we can break out of a bearish channel and lead to an uptrend.
(1D chart)
(buy)
- After confirming the support near 0.228422
(Stop Loss)
- When it falls below 0.201066 and then receives resistance
(Sell)
- When resistance is received in the 0.287263-0.307301 section
- When resistance is received in the range 0.402523-0.439998
However, if it rises above 0.429421, there is a possibility of a sharp rise, so careful trading is required.
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** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Since it was not disclosed, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
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XLM (Stellar Lumens) Coin Analysis 28/03/2022Fundamental Analysis:
Stellar is an open network that allows money to be moved and stored. When it was released in July 2014, one of its goals was boosting financial inclusion by reaching the world’s unbanked — but soon afterwards, its priorities shifted to helping financial firms connect with one another through blockchain technology.
The network’s native token, lumens, serves as a bridge that makes it less expensive to trade assets across borders. All of this aims to challenge existing payment providers, who often charge high fees for a similar service.
If all of this sounds familiar, it is worth noting that Stellar was originally based on the Ripple Labs protocol. The blockchain was created as a result of hard fork, and the code was subsequently rewritten.
Fees are a sticking point for many. However, high costs when making cross-border payments aren’t just exclusive to fiat-based payments solutions such as PayPal — transaction fees have also been known to go through the roof on the Bitcoin and Ethereum blockchains because of congestion.
Stellar is unique because every transaction costs just 0.00001 XLM. Given how one unit of this cryptocurrency only costs Les than a cent at the time of writing, this helps ensure that users keep more of their money.
Few blockchain projects have managed to secure partnerships with big-brand technology companies and fintech firms. A few years ago, Stellar and IBM teamed up to launch World Wire, a project that allowed large financial institutions to submit transactions to the Stellar network and transact using bridge assets such as stable coins.
Although other blockchains have community funds, meaning that grants can be given to projects that help further the ecosystem, Stellar allows its users to vote on which ventures should be given this support.
This network is secured using the Stellar Consensus Protocol, which is described as having four main properties: “Decentralized control, low latency, flexible trust, and asymptotic security.”
Through SCP, anyone is able to join the process of achieving consensus, and no single entity can end up with the majority of decision-making power. Transactions are also confirmed cheaply and within a few seconds — and safeguards are in place if bad actors attempt to join the network.
Jed McCaleb founded Stellar with the lawyer Joyce Kim after leaving Ripple in 2013 over disagreements about the company’s future direction.
In explaining the rationale behind Stellar in September 2020, McCaleb Announced “The whole original design of Stellar is that you can have fiat currencies and other kinds of forms of value run in parallel with each other and with crypto assets. This is super important to drive this stuff mainstream.”
McCaleb’s goal is to ensure that Stellar can give people a way of moving their fiat into crypto — and eliminate the friction that people normally experience when they are sending money around the world.
He currently serves as the CTO of Stellar, as well as the co-founder of the Stellar Development Foundation. This not-for-profit organization aims to “unlock the world’s economic potential by making money more fluid, markets more open, and people more empowered.”
A total of 100 billion XLM were issued when the Stellar network launched in 2015 — but things have changed since the release date. At present, the total supply stands at 50 billion XLM, and the circulating supply is currently 24.69 billion.
In 2019, the Stellar Development Foundation announced that it was burning over half of the cryptocurrency’s supply. This means that it now controls approximately 30 billion XLM. While some of this capital is earmarked for marketing and helping the organization develop, about one third is reserved for making investments in other blockchain ventures.
Explaining why it took this drastic move — and promising not to burn any more XLM in the future — the foundation explained: “SDF can be leaner and do the work it was created to do using fewer lumens… Those 55.5 billion lumens weren’t going to increase the adoption of Stellar.”
The current CoinMarketCap ranking is #31, with a live market cap of $5,747,715,926 USD. It has a circulating supply of 24,687,940,800 XLM coins and a max. supply of 50,001,806,812 XLM coins.
Technical Analysis:
The Asset is currently at the 78.6% Fibonacci Retracement Zone which is Hypothetically the Golden zone for the Illiquid Assets. it is a very Powerful Accumulation zone and we can observe the smart money inflow, eventually Big Impulsive wave thus start of the new cycle.
There exist the Regular Bullish Divergence of Price Value from MACD, which is the very Significant sign of Bearish Trend Reversal eventually Start of the new Bullish Trends.
As the price value Start its Bullish trend From these kind of Discounted Zones such as Fib 78.6% or lower, we can Rationally expect the ATH to be easily Achievable and ultimately developing the new cycle thus new ATH.
There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points.
The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally.
XLMUSD Could Go Parabolic with a 3,000+ Percent Potential Gain! The last time XLM was this bullish it rallied 3,000% back in 2020 in roughly 365 days. If this were to hypothetically happen again, then we would reach roughly $7.00+ a coin. The stellar foundation is a major player in the crypto space and totally overlooked in my opinion. Read more about their project here: www.stellar.org
#thedailyinvestor
BTCUSDT 4H TA : New UpdateCurrently, an important support area has been created for the two trend lines and static price support, which we expect to support this area. It should be noted that to create an uptrend, we need to stabilize the movement above $ 45,800 to build a new peak. In case of loss of support, the fallout process and analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
XLM breaks bearish channel - Bullish price actionXLM has broken upward from its bearish channel. EMA9 is converging on EMA50; crossover would be nice confirmation, but it's probably worth a long position at this stage already. Set tight stop loss because you never know what Putin will do next to spoil the party.
If You'd Bought $100m Worth of Stellar (XLM) 5 Years AgoKey points
Stellar allows you to create and send digital representations of any type of money.
A $100m investment in this cryptocurrency five years ago would now be worth over $940m.
Fans of Stellar believe it still has plenty of room to grow, but like all cryptocurrencies, it's a risky investment.
Launched in 2014, Stellar (XLM) is an ambitious project designed to make it fast and cheap to transfer any kind of currency. Even though its price isn't anywhere close to its previous highs, it has still paid off for anyone who got in early.
BTCUSDT 4H TA : Break TrendLine According to the chart, the downtrend in the triangle pattern is broken upwards and after stabilization, it can move to the range of $ 43,500 and $ 46,000. If the downtrend is not stabilized, it could fall to $ 40,600 and $ 39,400.
We are waiting for consolidation.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
BIG PictureJune 1st, 2023 is the 1:1 time extension from wave A. That means that around that date, we may be at a very good price to buy. It doesn't need to do a full extension, but harmonics usually like these things to line up in some relative fashion. This is why we use the fibonacci sequence. I've noted some relative buy zones in the green boxes. Laddering buys is usually recommended by professionals.
Alright now let me first say that I think Stellar is the real deal, and for good reason. They are one of the only projects completely focused on developing their regulatory compliance while innovating on the network and encouraging new developers to work with them. The "Clawback" (Transaction Reversal) technology is next level, and not something that other blockchains are capable of doing right now. This is a big step in maintaining compliance and being able to actually integrate with conventional regulatory backdrops. Stellar is the dark horse in crypto.
Now, that being said, Biden just released his executive order on crypto.
We are seeing more headwinds than tailwinds right now, so I expect there to be more price declines as exchanges leave and projects shut down that cannot comply with regulatory requirements*. I will note that we are already seeing announcements of projects (YFI/USDT) shutting down 25 apps/projects with seemingly no notice or good reasoning besides the fact that the developers just got bored! That's Not Good! It seems the fakes and non-committed projects are going to start cracking and running away so be careful out there.
The stock market and bond markets are beginning crashing. This first leg down the bias has still been positive, but now the "buy the dip" mentally is fading and prices at the grocery stores and pump are going up!
The market bias is now starting to flip bearish which will drive the major indices tumbling as the Fed starts raising rates. This all will drive crypto lower as liquidity leaves the systems. I expect you will all see prices you never thought you would see again, but I can't guarantee that.
My advice to any holders is HODL, as long as you're not using leverage or loans or anything. Like I said, prices could fall extremely dramatically because the levels of liquidity via margin debt and leverage that is in the system right now is unprecedented. You need to remember though that if you're a long term holder, this is not a project you should be selling ever IMO. I expect XLM to go to $30 over the next 10 years, so this is gonna be a ride of a lifetime if you can hold on throughout.
This is not trading or financial advice. I'm not telling you to sell any XLM or buy any. I am saying that it could go to 8 cents or maybe even 4 or 5 cents and if it does...I would borrow and invest Heavily at that point.