XLM Analysis | Key Levels on Weekly TFOn the weekly timeframe, a "falling wedge" pattern has formed, which is typically a bullish reversal pattern. The price is consolidating within this figure. The current situation, along with the weakening selling pressure during this consolidation phase, suggests that a bullish reversal may be imminent. A successful breakout above the upper boundary, particularly if accompanied by increasing buying volume, could propel the price towards the target range of $0.21 - $0.24. However, if the price fails to break above the resistance zone and sustain above the $0.24 level on the weekly timeframe, it may face a retest of the support level at $0.10 - $0.071. This could lead to the formation of a new lower low, potentially revisiting levels last seen in March 2020.
🔴 Key Resistance Levels: $0.21 - $0.24
🟢 Key Support Levels: $0.10 - $0.071
❕ Always remember the golden rule of investing: never risk more than you can afford to lose. Trade carefully and wisely, and may each of your transactions be successful !
STELLAR
XLM (Stellar) Technical Analysis and Trade Idea 📈🚀Taking a comprehensive view of XLM (Stellar) , we observe a prevailing bullish trend, particularly evident when analyzing the weekly charts. Although there was a recent minor downturn, the daily chart exhibited bearish movements. However, the overall sentiment is optimistic once again. Notably, we’ve identified bullish price action—a decisive break in market structure on the 4-hour timeframe—which could potentially shift the 4-hour trend to bearish in trhe short term before it continueds bullish. In our video, we delve into trend analysis, explore price action dynamics, dissect market structure, and introduce key technical analysis concepts. Toward the video’s conclusion, we present a trade idea. It’s essential to emphasize that this information serves educational purposes only and should not be construed as financial advice. 📈🚀📊
XLM/USDT Ready for a Swift Recovery From Current Downturn🚀👀💎Paradisers, gear up for a transformative phase in the #XLMUSDT market and highlights a potential bullish surge from its active demand zone.
💎Following two rounds of profit-taking, #Stellar has exhausted buy-side liquidity. This primes the scenario for a likely dip, setting up for a robust recovery from the pivotal Bullish OB zone at $0.1015. If LSE:XLM accrues sufficient bullish force, we anticipate a vigorous assault on the upper supply zone.
💎If #XLM falter in securing its foothold within this essential support zone, an immediate strategic shift may be essential. Our contingency, Plan B, involves triggering a bullish campaign from the deeper demand zone at $0.0909. This level is pivotal—if LSE:XLM breaches this threshold, it might herald the start of a bearish phase in the market's evolution.
💎Stay alert and flexible, Paradisers. Your ParadiseTeam is vigilantly overseeing the developments and ready to navigate you through the dynamic landscape of the #Stellar market.
MyCryptoParadise
iFeel the success
XLM/USDT presenting potential scenarios?👀🚀XLM analysis💎Paradisers, #XLMUSDT is navigating through a descending channel trajectory. Could this indicate a continued downtrend? Let’s dive into the analysis to see what the future might hold.
💎 Notably, #Stellar has broken below the downtrend trendline and is testing the support level at $0.1032. If it manages to sustain momentum, there's a possibility it could ascend towards the supply area above. Here, we're faced with two scenarios: if the price breaks above the supply area, we might see a bullish continuation towards a higher resistance zone. Conversely, if the price faces rejection at the supply level of $0.1194, it could attract sellers, potentially leading to a significant price drop.
💎 However, should #XLM lose momentum and fall below the support level of $0.1032, the likelihood of a prolonged bearish trend increases, possibly extending to lower support levels. In such volatile market conditions, maintaining vigilance and trading strategically are crucial for success.
MyCryptoParadise
iFeel the success🌴
$XLM looks to repeat 2016-2017 price action?Look at the price action of 2016-17 and look at the current price action.
I just wanted to highlight the main points of correlation.
The trend lines are clones from the 2016 price action and fit well into the current price action.
The fractal is what the price action could be if it follows the pattern of 2016-17.
First major move top target is 1.8-2.8
Second major move top target is 18-28
The previous two cycles in XLM had major moves only after the bitcoin halving. Could this time be different?
If the time frames are to coincide with the 2016-17 price action, we should see the first top in 4 days, so that is by, April 17th.
I'm indifferent whether it happens or not, I'm just grateful to notice the similarities in the price action and be able to share this with the world.
XLMUSD - Price Action Update - My Thoughts On This Choppy Mess..Whether you're a trader or a seasoned investor, I'm convinced this video will offer some insights, despite its erratic nature resembling that of a frenzied cougar with traces of monkey DNA.
While I maintain my faith in the long-term potential of XLM, its current state doesn't warrant much attention unless you enjoy the rollercoaster ride of price fluctuations on your screen while being unable to take any actionable steps.
Frankly, I wouldn't touch it with a ten-foot pole. Stay tuned for further updates.
STELLAR (XLM) LUMENS Stellar (XLM) is still in the red zone of trading. COINBASE:XLMUSD
Why is there no interest in the project of layer 1 blockchain Stellar XLM.
Moves like Tron but not Chinese. What's not to like--? Except for the fact there is little to no interest in trading Stellar now or before.
XLMUSD - Nothing But A Wave A Zig-Zag...Same As XRP...I've have also meticulously analyzed each fragmented wave forming what seems to be a Wave A Zig-Zag for XLM. (See the XRP idea below to see the differences.)
This analysis hints at a potential downtrend with XLM possibly reaching .02 in the near future.
The intriguing symmetry within this pattern raises questions: will Wave B extend upwards once this pattern resolves? Considering its struggle to materialize, that's a plausible scenario.
However, it comes with the challenge of a nearly 90% drop from current levels.
Keep in mind, this isn't Elliott Wave theory; it's AriasWave, a methodology I developed almost a decade ago.
Uptrend ConfirmedThe weekly analysis of XLM reveals an uptrend, marked by higher lows and highs. A triangle pattern breakout upwards has also been noted. Prices are expected to hit targets identified within orange resistance zones, though a retracement to the breakout level remains a possibility.
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Stellar Lumens (XLM) Price Analysis: Bullish Breakout or Bearish
Stellar Lumens (XLM) Price Analysis: Bullish Breakout or Bearish Retracement?
Introduction:
Stellar Lumens (XLM) is a decentralized blockchain network that facilitates cross-border payments. The XLM token is the native currency of the Stellar network and is used to pay for transaction fees and to provide liquidity for asset trading.
Technical Analysis:
XLM has been on a downward trend since reaching an all-time high of $0.80 in January 2018. The price fell to a low of $0.071 in March 2020, but has since recovered and is currently trading at $0.1572.
The technical indicators suggest that XLM is currently in a bullish trend. The Relative Strength Index (RSI) is above 50, indicating that the bulls are in control. The Moving Average Convergence Divergence (MACD) is also bullish, with the MACD line above the signal line.
Support and Resistance Levels:
The key support level for XLM is at $0.1013. If the price breaks below this level, it could fall to the next support level at $0.0998.
The key resistance level for XLM is at $0.1572. If the price breaks above this level, it could rise to the next resistance level at $0.2387.
Conclusion:
The technical analysis suggests that XLM is currently in a bullish trend. The RSI and MACD indicators are both bullish, and the price is above the key support level at $0.1013.
However, it is important to note that the cryptocurrency market is highly volatile and prices can change rapidly. Therefore, it is important to do your own research before making any investment decisions.
XLM STELLAR LUMENS - My View On The Current Buying Climax...When faced with a lack of results, I make it a point to triple-check my work. If something appears amiss, I diligently backtrack to pinpoint the error.
Recognizing that perfection is unattainable and clarity in the market isn't always guaranteed, I've expanded my scope to include various cryptocurrencies to gain a better understanding of the landscape.
In this context, I offer an analysis of XLM, acknowledging that I'm not currently engaged in what some consider the greatest wealth transfer in history due to my belief in potential delays. Whether you share my perspective or not, I remain focused on capitalizing on cryptocurrencies that offer clear signals for profit-taking.
Feel free to review one of my current publicly shared trades below.
XLMUSDT Weekly LONG This is a weekly technical analysis for educational purposes on XLMUSDT. I believe that Stellar will find new higher high levels in the middle of the 2025 Bull Season.
As I mentioned before on my ALGOUSDT Weekly Analysis ;
"Considering the global economic crisis, the technical recession in the United States, the suppression of gold and other commodities, the real estate and unemployment crisis in China, and the European Union countries' struggle with inflation, I believe that market makers (the bulls) may create a false FOMO (Fear of Missing Out) during the 2024 BTC halving period, potentially driving BTC to levels of perhaps 50K+ before ending the year 2024 around the 20-25K range. When we consider the global effects, the real bull season is likely to occur between 2025 and 2026.
Reaching 100K in Bitcoin by 2024 wouldn't make much sense if most people don't have the financial means. It's important to remember that patient wealthy individuals often capitalize on the impatience of those with fewer resources. (let's say poors with high dreams) Those with limited means may not have the capital to participate in the market for couple of years.
This is not "clever riches profit from the idiot riches game". Never was. I believe.
I may be wrong, :)
Regards,
Just Some XLM - XRP - BTC Analysis...This video isn't about trading ideas, but rather about my current thoughts on these cryptocurrencies.
Right now, I'm leaning towards shorting XRP rather than XLM given the current setup. Bitcoin has experienced a significant rally, but I believe its potential is limited. We haven't fully emerged from the long-term correction that began in 2017 yet.
When that time comes, we can execute trades and witness substantial growth in our trading accounts.
For the moment, I anticipate a continuation of corrective patterns until we reach that pivotal moment where we'll be gearing up to invest heavily and start dreaming of that Lambo.
XLMUSD - This Is Why I Removed My Long Position...The recent price movements at a smaller scale compel me to reassess the broader perspective, and regrettably, it suggests further downside ahead.
If the recent downward movement since 2021 constitutes Wave C, then it seems Wave iv has just concluded, with potential for prices to decline further to around .07.
This scenario appears to present a shorting opportunity. I will provide additional updates as I analyze the waves in more detail over the next few days.