Stellar Lumens vs Tether Chart Analysis (XLMUSDT #10)Here we go again and now you will understand why I didn't chart USDT pairs in the past.
XLMUSDT (Stellar Lumens) has the same chart as LINKUSDT and TRXUSDT, these two were just published in my profile minutes ago.
In fact, the XLMUSDT is also the same chart as OMGUSDT the only difference is that OMGUSDT is more advanced, moving ahead.
Since the entire market is linked/connected, the rest are very, very likely to follow and thus we are bullish on all these coins.
To proof my point (last time I promise):
We have the strong drop 7-Sept.
Notice the correction from May to July and the bullish wave that followed.
Right now prices are above MA200 (black line on the chart), just a little more consolidation and it can go into bullish continuation.
If prices break below the colored lines (EMAs), the bearish gain some strength but the bulls are still in control since we are trading within higher lows.
If the last low breaks, we can say the bears are back on top.
Any other trading, retraces/corrections/price swings, aren't really important in the long run.
My view is that we will grow for years.
The Altcoins will be growing for years... If you go further back, you can see what I mean by higher lows:
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Stellarlumens
XLM gearing up for interstellar travelStellar Lumens may be gearing up for an epic adventure.
Forming a text book cup and handle pattern on the weekly chart.
If it can break .43c it appears to be clear sailing back to .79c and possibly it's ATH at .93c
A move equal to the distance from the bottom of the cup to the top would be the expected break out target. A modest price target of $23.
From it's current price that's a 5444% gain!
As long as it can stay along the current uptrend the handle should be completed.
✅XLM💥+1000%Stellar is a blockchain project founded in 2014 by Ripple co-founder Jed McCaleb and venture capital investor Joyce Kim. At the beginning, Stellar shared a lot of its code with the XRP ledger, but the project has since taken on unique characteristics of its own. However, the XRP and Stellar blockchains are still often compared since they both offer fast and cheap transactions and share some common history. You can read more on this topic in our in-depth article on Stellar (XLM).
Key features of the Stellar blockchain:
Created in 2014
Provides fast and cheap transactions
XLM can be used as a bridge currency for international payments
Users can create custom tokens on the Stellar blockchain
The native asset of the Stellar blockchain is called lumens, and is commonly described with the ticker XLM. While XLM can be used for peer-to-peer transactions just like any other cryptocurrency, it also performs a role in the Stellar blockchain as a defense mechanism against spam transactions – a small fee of XLM is necessary to complete each transaction.
XLM is also designed to be used as a bridge currency to facilitate cross-border transfers between different currencies. For example, Alice can send EUR to Bob, and Bob receives USD on the other end of the transaction. Due to the network’s speed, fluctuations in the XLM price have a very limited impact on the transaction.
However, XLM is not the only asset that can be transferred through the Stellar blockchain – users can create custom tokens that can be transacted quickly and efficiently. For this reason, some ICOs and STOs have selected Stellar as their platform of choice.
The Stellar protocol also has a built-in decentralized exchange functionality where users can create buy and sell orders through the protocol itself – this feature can be accessed through interfaces such as StellarX.
One of the key players in the Stellar ecosystem is the Stellar Development Foundation (SDF), which funds the development of the open-source Stellar protocol and maintains the Stellar codebase.
The foundation is a non-profit organization which also supports the Stellar ecosystem by promoting the usage of the Stellar protocol through airdrops, grants and other mechanisms. The SDF has also launched a community fund which allows members of the Stellar community to have a say in which projects working on Stellar receive funding from the foundation.
Stellar Lumens (XLM) - Structure and TargetsIn this study of Stellar Lumens, I contrast the 2018 market rally with the current bull market, within the context of a common rising channel.
Do you think it can provide a repeat performance of 2018, or are the headwinds just to great this time?
Share your targets and ideas, below.
My take on Stellar Lumens (XLM) Price predictionAs a holder of XLM, I have set my targets from mid 2020 after the March crash due to C-19 assuming it was the bottom, bought it October 2020.
This is my take on its price and current situation which I believe its going up in the price from now, the only condition I see a dip if the B wave of BTC finishes soon and C wave takes it lower from the 60-68K in which XLM and the other assets will go hard with it. but I think its unlikely now IMO
Fundamentally XLM is solid project and positive for price action to the upside. Technically once it breaks 0.47$, I don't see any thing can stop it from continuation except for the BTC condition mentioned above
XLM/USD - Is Stellar waking up? Stellar day may lead to rally!Stellar Lumens pumped today with a lovely green candle on the daily which has now pushed us right below a major resistance line at $0.42 cents.
The indicators seem primed to take us much higher and break above this key resistance. Can XLM do it?
My bet is on the bulls, as the overall market is heating up. BTC and ETH are just about to break their own ATH... so XLM and the overall altcoin market will start to heat up.
Just a matter of time. If you look for an entry, get in when XLM makes the $0.42 resistance support and ride the pump to $1... which is our current ATH for XLM.
Like and follow if you liked this idea!
XLM support heldI had pubblished (I think) this idea I had for XLM, basically an elliot wave, however I changed the bottom of wave 2 various time during the weeks because, as you can see it broke down two supports. Currewnt bounce was on the 0.786 Fib line though so, it ok.
SMI shows a bearish DIV (not shown here) however you can see the EMA 200 being pierced by price at daily time frame. Off course this means that at 4h price is already over EMA 200 (finally). Combined with VLPR control line being at the base of current candlestick, but more importantly, with the daily candle of the 4th of October which clearly bounced on my support I feel confident that XLM has tested this support and it holds.
From now on I expect a rise of XLM price... after all it hasn't delivered much, even in Q1 it had one great pump and stopped.
I think that if you wanna enter, now it's a good moment, use that support as stop loss. When XLM starts pumping it's like XRP, it moon very quickly.
Good luck
XLM -Stellar You old dog. You tricked me. Will Jed save the day?XLM -Stellar You old dog. You tricked me. Will Jed save the day?
Old idea was complete failure. Seemed poised for historical fractal rocket boost pump... but then exploded on the launchpad.
Sucks as I should have just gone for new popular tokens like blah blah blah
I still have my eye on this old dog though. Similar to NANO I think it will unexpectedly go right back to about rank #6 in a couple explosive moves. Timing it though...
If it starts running up I will fomo.
glhf
XLM range tradingThird time XLM/BTC is touching the bottom of this channel it is trading in since mid-june. It took a while after the first touch, namely a second touch, but after that we got a nice 25% move up. This seems an interesting opportunity.
I'm not counting the third as that wick is definitely false price action or maybe even a shake-out. Anyway, setting a stop loss below the previous low and my target at 20%. Let's see how this goes!
XLM is being pressured to the MAXXLM/USDT is currently holding a long term support line in the uprising channel. It can drop with a wick to 0.26 and still be OK. However, breaking and closing below 0.26 is bearish.
In my view, now is a good time and price to start accumulate for targets above $2.
Also, remember that RSI is leading indicator. so watch for RSI break to be more confident.
Good Luck and Trade Smart.
LONG UNTIL PROVEN WRONGXLM looking good, reclaimed key area in lowertf, and currently consolidating above, I'm long aiming for those 3 objectives in chart, key supply block first, followed by FEB21 mid range and ATH mid range. Once we are there I will revaluate but those are pretty clear objectives for now.
XLM IS FINALLY READY!XLM has broken out of this triangle and retested it to confirm an upcoming bullish wave. MACD is divergent and exploring higher grounds in the positive zone. However, volume is still insufficient. Possible targets are highlighted in green based on price action history. These designated areas are where the price has struggled to flip in the past. If the momentum picks up, XLM could easily take on these levels. This trade could chalk up a profit of around 36%.
XRP Bull Flag Forming, Targeting $2.20 Short TermYes I know, in my previous post concerning XRP I discussed a bull pennant formation forming on XRP.
That pennant officially broke down instead of up, which is always possible in any triangle formation.
However, now we seem to be forming a bull flag, which is essentially the same end result when it comes to how to measure price targets from it.
If we get a breakout UPWARD from the bull flag, expect a price target of at least $2.20 short term.
I believe this will continue higher if achieved, as XRP will be surpassing its high on the year of right about $2.00 even.
Another thing to note, we also technically closed August 27th with a bullish engulfing candle as well, which will play in favor for a breakout.
If we break down instead, expect strong support around the $0.83-0.84 cent range.
ONCE AGAIN, unfortunately all of this will still depend on if BTC dumps.
The correlation still exists at the moment, but I bet we see a decoupling for most crypto within a few years.
The SEC lawsuit coming to a close will send this thing flying, so it is extremely risky to not be in, in my opinion!
- CA$HLESS
XLMUSD - 1W - Stellar in a huge channelHi guys,
Short review of Stellar (XLM) with a weelky TF.
We can notice Stellar is still evolving in his big ascending channel (blue).
We had several points of contact both at the top and at the bottom of the channel.
I'll be watching this one.
If BTC remains "calm" we can expect a further growth inside the channel.
First stop will be the former "double top" at 0.71$
After, i'll be watching for the top of the channel (red area ... depending on the time to achieve it)
Those are two zones of TP but if we broke the previous top, we could also see a kind of massive cup and handle that could send price to the moon.
Finally, RSI made a lower low while price made a higher low.
Like if you share this pov
NFA
Up Up and Away?!?!? XLMUSDHello Trading View Community,
One thing to note is RSI going into overbought zone and although XLMUSD is over the 0.236 Fib Level, it still needs to clear the rest of the local resistance zone.
Thank you guys for checking out this idea on XLMUSD. If you find this analysis useful, support with a simple "Like" or "Follow".
Trade carefully and remember these are just ideas, not trading advise