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XLM

XLM's Correction Complete? Targeting $1.10 with Strong MomentumContext and Recent Price Action XLM has been one of the standout performers in recent months, showcasing impressive bullish momentum: The November Surge: Starting from $0.084 in early November, XLM skyrocketed to a peak of $0.63 by the end of the month. This remarkable 613% rally highlights intense buying pressure and growing market interest. The Correction: Following this explosive move, XLM entered a natural consolidation phase, retracing about 40% of its gains. This correction has formed a classic ABC pattern, with the price finding support at $0.35. Such retracements are common after parabolic moves and often set the stage for the next leg higher. The Bullish Reversal: On Friday, December 13th, XLM has begun to show signs of renewed strength. After revisiting the $0.35 low, the price has rebounded to $0.43, forming a solid bullish engulfing candle on the 6-hour timeframe. This is a strong indication that buyers are regaining control. Outlook and Target Projection XLM's structure suggests the corrective phase is nearing its end, paving the way for the next impulse wave. Considering the prior momentum and market conditions, a price target of $1.10 is highly probable within the next 2 weeks. Key Levels to Monitor Entry Point: Current price at $0.43 provides an attractive entry zone for buyers anticipating the next move higher. Profit Targets: $0.65 – Retest of the November high. $1.10 – Extended target based on historical momentum and potential wave projections. Stop Loss: Below $0.35 – A breach of this support would invalidate the bullish thesis and could lead to further downside exploration. Risk-to-Reward Analysis With the price currently at $0.43: Downside Risk: Stop loss at $0.35 results in a risk of ~18.6%. Upside Potential: Targeting $1.10 offers a reward of ~155%. This gives a compelling risk-to-reward ratio of approximately 8:1. Conclusion XLM's recent surge, healthy correction, and current bullish signals create an excellent opportunity for traders. With clear profit targets at $0.65 and $1.10, and a well-defined stop loss at $0.35, this setup offers a strong blend of technical reliability and favorable risk-to-reward dynamics. As XLM completes its consolidation, it seems poised to resume its upward momentum. Let me know if you’d like further refinements!
Long
by PymXerx
XLM's Correction Complete? Targeting $1.10 with Strong MomentumContext and Recent Price Action XLM has been one of the standout performers in recent months, showcasing impressive bullish momentum: The November Surge: Starting from $0.084 in early November, XLM skyrocketed to a peak of $0.63 by the end of the month. This remarkable 613% rally highlights intense buying pressure and growing market interest. The Correction: Following this explosive move, XLM entered a natural consolidation phase, retracing about 40% of its gains. This correction has formed a classic ABC pattern, with the price finding support at $0.35. Such retracements are common after parabolic moves and often set the stage for the next leg higher. The Bullish Reversal: On Friday, December 13th, XLM has begun to show signs of renewed strength. After revisiting the $0.35 low, the price has rebounded to $0.43, forming a solid bullish engulfing candle on the 6-hour timeframe. This is a strong indication that buyers are regaining control. Outlook and Target Projection XLM's structure suggests the corrective phase is nearing its end, paving the way for the next impulse wave. Considering the prior momentum and market conditions, a price target of $1.10 is highly probable within the next 2 weeks. Key Levels to Monitor Entry Point: Current price at $0.43 provides an attractive entry zone for buyers anticipating the next move higher. Profit Targets: $0.65 – Retest of the November high. $1.10 – Extended target based on historical momentum and potential wave projections. Stop Loss: Below $0.35 – A breach of this support would invalidate the bullish thesis and could lead to further downside exploration. Risk-to-Reward Analysis With the price currently at $0.43: Downside Risk: Stop loss at $0.35 results in a risk of ~18.6%. Upside Potential: Targeting $1.10 offers a reward of ~155%. This gives a compelling risk-to-reward ratio of approximately 8:1. Conclusion XLM's recent surge, healthy correction, and current bullish signals create an excellent opportunity for traders. With clear profit targets at $0.65 and $1.10, and a well-defined stop loss at $0.35, this setup offers a strong blend of technical reliability and favorable risk-to-reward dynamics. As XLM completes its consolidation, it seems poised to resume its upward momentum. Let me know if you’d like further refinements!
Long
by PymXerx
XLMUSDT - ABC correctionXLM had an increase of over +600% in just 20 days followed by a 15-day consolidation phase suggests an exhaustion of the previous trend. The sideways movement aligns with an ABC correction, where wave C is likely unfolding. Key Levels and Confluence Trend-Based Fibonacci Extensions: 1:1 Target for Wave C: $0.3873 Key Support Zone: $0.3725−$0.3873 Market Sentiment Lack of Volume: Reflects reduced interest from buyers, confirming a bearish bias. Below Weekly and Monthly Opens: These levels often act as dynamic resistance, showing bears are in control for now.
Short
by SiDec
4
XLM- SECOND TRY- BULLISH PENNANTThe previous trade hit the SL, and since then, we've been waiting for a solid opportunity. This idea seems promising. However, keep the SL tight and aim for the sky with your TP. The probabilities have shifted to 50% bullish and 50% bearish, but remember, we're in a bull market. A bullish pennant is forming, presenting a potential breakout setup. Stay disciplined, control your greed, and may the odds be ever in your favor. Best of luck, God bless all of you traders!
CRYPTO:XLMUSDLong
by Jaytradermb
5
#XLM/USDT Ready to Soar!$XLM/USDT Long Setup Pattern: XLM is forming a bullish pennant pattern after a strong upward move, with consolidation narrowing between support and resistance. The 200 EMA is acting as dynamic support, suggesting bullish momentum. Entry Range: Current price ($0.4896). Entries can be considered between $0.4800 and $0.5000. Targets: T1: $0.6400 T2: $0.8000 T3: $0.9400 Stop Loss (SL): Place a stop loss below the pennant's lower boundary at $0.4520 to reduce risk. DYOR, NFA
Long
by CRYPTOMOJO_TA
7
XLM MID-TERM AND LONG TERM ANALISYSThere is significant demand for analyzing Stellar. Upon examining the chart, it seems that Stellar is currently within a triangle. Wave D will likely end around previous highs. Afterward, we could see a correction for wave E, followed by Stellar's post-pattern movement targeting a level above $14. Some might question whether Stellar can sustain such a market cap. We should emphasize that we rely on chart analysis and do not focus on fundamental issues, as fundamentals are reflected in the chart itself. When we reach wave E of the triangle, if we observe a clear and identifiable pattern, we can position ourselves on Stellar for the main move. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
CRYPTO:XLMUSD
by behdark
1
XLM go up to 6.50?"Stellar" the cryptocurrency that has captured everyone's attention with its over 480% increase in recent weeks! Given its market cap rank of 16, this coin holds significant importance. However, it’s important to consider that the current market cap volume may make continued upward movement more challenging compared to other coins. Therefore, if you're considering a purchase, it’s advisable to allocate only a small percentage to this coin, as it is currently near its all-time high and poised for another push. This is just a personal perspective on this coin and its future until 2026. Based on tools and calculations related to market cap, the maximum growth potential indicated for this coin is up to $2.3840. However, if many investors commit to this coin, it could reach $6.50. Yet, logically, its maximum growth is anticipated at $2.3840. First target: $0.71 Second target: $2.3840 Third target: $6.50 In the short term, it could be a good option, as it shows strong momentum with corrections in its trend. Don't forget to follow, dear friends! I hope this analysis is useful for you." Feel free to let me know if you need any further assistance!
Long
by Im_Leonn
8
STELLAR - Consolidation For A Big Bull WaveStellar has gained massively over the past few weeks and now in consolidation mode before a Big Bull Run. Support needs to hold in order for this to remain Bullish. A sustained break of support will open Bearish move. For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management. If you found this analysis helpful, please consider boosting and following for more updates. Disclaimer: This content is for educational purposes only and should not be considered financial advice.
Long
by MarketsPOV
1
STELLAR BULLISH MOMENTUM-XLMCRYPTO:XLMUSD XLM Continuation Rally: An Analysis Bullish Arguments: PMH (Previous Monthly High) disrespected PML (Previous Monthly Low) disrespected Weekly Bullish FVG respected PWL (Previous Weekly Low) disrespected PWH (Previous Weekly High) disrespected PDL (Previous Daily Low) disrespected 4H swing low disrespected 4H Bullish FVG respected Bearish Arguments: PDH (Previous Daily High) respected 4H swing high respected Bullish 81.82%- Bearish 18.18% Trade Management: This setup involves high risk and requires close monitoring of price action. Use a tight stop-loss (SL) to manage risk, and aim for a take-profit (TP) near the 2021 ATH zone. Staying alert to market movements is critical for this trade
CRYPTO:XLMUSDLong
by Jaytradermb
XLM | Stellar the Brightest STAR in the Blockchain SKYCrypto alts pump one by one and star of tonight show is Stellar But What is Stellar ? Stellar is an open source, decentralized protocol designed to facilitate the transfer of digital currencies into fiat currencies globally. Its native cryptocurrency, known as Lumen, powers the Stellar blockchain. The primary goal of Stellar is to bridge financial institutions with blockchain technology, enabling affordable and efficient transactions, particularly in developing markets. Established in 2014 by Ripple cofounder Jed McCaleb, Stellar shares some similarities with Ripple. However, Stellar has distinguished itself as one of the most successful altcoins, with a market cap exceeding $1 billion. While Ripple primarily caters to banks and large corporations, Stellar focuses on individuals and small businesses. Nonetheless, Stellar’s robust partner network, which includes financial institutions, supports worldwide instant currency conversion. Initially, the Stellar Foundation issued over 100 billion lumens. However, about half of these were burned in November 2019, reducing the maximum supply to 50 billion lumens. This coin burn briefly boosted XLM's price, though the increase was short-lived. Key Features of Stellar and How It Works Stellar employs a federated Byzantine agreement aka FBA algorithm instead of traditional mining for transaction validation. This unique approach eliminates the need for approval from cryptocurrency miners, enabling faster transactions compared to many other blockchain systems.(only nerds read this part!) What is Stellar Used For? Stellar is primarily designed to streamline cross-border payments. Its mission is to make international transfers quick, affordable, and user-friendly. The system works by converting the sender's currency into Lumens, which is then converted into the recipient’s currency. For instance, if someone sends GBP from the UK to Russia, the Stellar network first converts the GBP into Lumens and then into rubles. Users typically access the network through partners like Stripe or Wirex, which provide services integrated with bank cards. Transfers are processed in approximately five seconds. Where to Buy XLM XLM is available on both centralized and decentralized exchanges (CEXs & DEXs) Stellar Price Info - Current Price**: $0.43 (up by +54% in the last 24 hours) YES, BIG ALTS CAN PUMP HARD TOO - All Time High (ATH): $0.94, achieved on January 4, 2018, currently down -54% from its ATH. - Circulating Supply: 30.01 billion lumens. - Maximum Supply: 50 billion lumens. - 24Hour Trading Volume: $3.14 billion. - Most Active Market: Upbit. - Market Share: 0.37% of the total cryptocurrency market. - Market Capitalization: $13.06 billion. XRP and XLM: The Batman and Robin of Global Finance The World Bank and other major financial authorities are increasingly acknowledging XLM & XRP's potential as a game-changing tool in the global financial ecosystem. Versan Aljarrah, founder of Black Swan Capitalist, recently emphasized this in a post on Twitter, discussing the significant roles XRP and XLM could play in shaping the new global financial system. Aljarrah pointed out that XRP is specifically designed to enhance institutional liquidity for cross-border transactions, making it a vital asset in the evolving landscape of global finance. Meanwhile, XLM offers a robust infrastructure tailored for efficient peer-to-peer transactions, positioning it as a key player in facilitating everyday financial interactions Technical analysis Xlm bulls broke 0.15$ major resistance and now ready to break the second wall which is 0.45$, if btc pullback then Xlm correct then gets ready for second pump,next targets are 0.53, 0.57 and 0.59$. most indicators shows bullish signals and the volume looks good
Long
by moonypto
XLM | STELLAR | Can XLM go HIGHER?All the bottom feeders are pumping - XRP, XLM and ADA. This goes to show to that if it can be traded, it will be traded. I have some thoughts on this (the unpredictability of these coins) . As they do not follow traditional market patterns, it makes them very hard to read and harder to predict - this significantly increases the risks associated in trading these coins. I will admit I did have some XRP this cycle - but not ADA or XLM. Looking at the char prior to the pump, it was a dead coin - and there was no reason to anticipate such a huge increase. Yesterday's update on XRP here: ___________________________ BINANCE:XLMUSDT
by CryptoCheck-
Could This Bullish Break Take XLM to .95?!Let's break down what I see on COINBASE:XLMUSD on the 4Hr Chart! Based on the Rally from the Low @ .089 to the Multi-Year High @ .633, we can see Price fell into a Pennant Pattern, First making a Retracement to .425 or the 38.2% Fibonacci Level to find Support then found Support again at .505 or the 23.6% Fibonacci Level. Price has given us a Break of the Falling Resistance and upon the opening of the 4H & 1H Candle, Retested the Break of Falling Resistance. Now the Rally generated from the Low @ .229 to the High @ .633 was a ~ .40 or 175% increase. -If Bulls are able to hold Price above the .50 - .54 area, that .40 movement or potential 74% increase in Price from the Point of Break could lead us to the Potential Target of .95!
BITFINEX:XLMUSDLong
by Novi_Fibonacci
1
XLM more exponential doubling price growth expected!XLM, after registering a whopping 500% rise from the start of November from 0.10 range and tapping an impressive highs of 0.50, this is creating another slow roll accumulation phase curve en route to a stronger rise ahead. Ideal seeding zone is at the current price range of 0.50 Interim target is set at 1.0 Mid/long term target at 5.0 This will just double up with so much pace as metrics multiply as well. Happy profit hunting. TAYOR.
Long
by JSAL
1
Stellar (XLM) - Key Levels! Nov, 2024Key Support & Resistance Levels: 🟢Support Zone= $0.41 - $0.44 🔴Resistance Level= $0.537 ⚠️Major Resistance= $0.637 If resistance levels are met and a candle close fails to break through them, there could be a short-term pullback or consolidation. Furthermore, if not, price action holds above the current support zone. Expect a further continuation to the downside in the short term. ‼️Next Line of Support if bulls fail to hold pressure against bears: = $0.332
by Bitcoin_Benny