XLM - AnalysisXLM experienced good price growth in the past weeks. After the price reacted positively in the support range of $0.098-$0.105 and broke out of its descending channel, the price pulled back to the ceiling of the broken descending channel, and from this range, we saw a 30% price growth. Although the power of buyers was greater than the power of sellers, the price hardly reached the resistance range of $0.130 to $0.135. Every time the resistances were broken, the selling pressure in the market increased, until an extreme reaction was observed in meeting this resistance, and in the following days, we saw a heavy 20% drop and pullback to the ceiling of the main descending channel.
All the resistance ranges that were considered on the chart are accompanied by a precise reaction and again from the support range of 0.107 to 0.178 dollars, we see the growth of the price of this currency. Also, the resistance of the $0.113 range has become a support, and the price can grow more after the complete exit from the large descending channel. An important resistance in the range of 0.146 to 0.160 dollars for this currency can be the first target of buyers.
XLM
XLM in Coming DaysXLM is in a Cup & Handle Right now Which means the Price will Be Increasing Soon. The Price will be Increasing as much as the Measured Price Movement ( AB=CD ) That means the Price will Reach around 0.1600$ Note: that we should wait for a break out to happen.
-XLM is in a Cup & Handle
-No break out
-( AB=CD )
-0.16$ is the Target
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Thank you for seeing idea .
Have a nice day and Good luck
XLM/USD - Can XLM explode like XRP? YES! 😍XLM is lagging behind XRP in terms of price action. You can call it the little brother of XRP.
XRP consolidated in a similar channel and then broke out with a 50% pump.
I expect XLM to rally hard once it breaks this channel. The price action and volume show that buyers are interested.
My bias is bullish on this price action. Not sure why XRP and XLM are bullish in the current market conditions, but I am not here to judge, but rather to analyze the price action.
XLM looking quite decent here, but watch for a possible rejection again at the key resistance level.
Like and follow if you liked my idea!
XLM pumped 5%. What's next?Hello, dear TradingView members.
This is an XLM idea.
XLM moved 5% up and became one of today's top gainers.
The price now is on the local resistance level.
There are 3 support levels on the way down and only one solid resistance in the short-term scenario on the way up.
There are two scenarios in the current situation:
Scenario One:
The price will pass the local resistance and move to the solid resistance area and gets rejected and falls back on the local resistance and turns it into support.
Scenario Two:
The price will get rejected by local resistance and fall back to the half-shadow support levels.
RSI is in the overbought area, and the price has more room to go down.
Now let's see your ideas. Let's have a discussion.
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
RIPPLE WN?hi guys i hope you are well.
Today the news are good for Ripple. As the judge ordered to show the *HITMAN* SPEACH.
he said: ETH WAS NOT A SECURITY AND XRP EITHER.
Judgment very soon.
Hold the door and fly to the Moon!
By the way we are in the support line.
Triangle marked the point where it woke up.
STELLAR (XLM)A bullish cross of 1D 50MA with 200MA could bring XLM into 0.000006 BTC area. That's the spot where 3D 200 EMA is hanging.
Again, let's see at once how BTC is developing, I think if it rise in 35k area could bring a positive sentiment to the market, even for short time though.
I am stuck with it since Jan therefore I need a bounce. 👆🏻
Best regards everybody.
Stellar (XLM) formed bullish Gartley for upto 12.50% moveHi dear members, hope you are well and welcome to the new trade setup of XLM .
Previously I shared a long-term trade setup for XLM , which is still in play:
Now on a 4-hr time frame, XLM has almost completed a bullish Gartley pattern. There is also a hidden bullish divergence, as the priceline is forming a higher low and Stochastic is setting a lower low.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
XLM Can Start to Increase soonXLM is in a Rounded Bottom Right now Which means the Price will Be Increasing Soon. The Price will be Increasing as much as the Measured Price Movement (AB=CD) That means the Price will Reach around 0.1600$. 27% Profit (at least !) Note that we should wait for a break out to happen.
-XLM is in a rounded Bottom
-No break out
-(AB=CD)
-0.16$ is the Target
-27% Profit
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Thank you for seeing idea .
Have a nice day and Good luck
Stellar XLM Bearish SentimentFriday the S&P reached its 52 week low, $3636. There is a strong correlation between the S&P and the crypto world. Many stock investors diversified their portfolio into cryptos, especially in BTC Bitcoin and ETH Ethereum .
With a bearish stock market in the worst month for stocks and cryptos, i expect most of the cryptocurrencies to trade lower this week.
XLM/USDT short
Entry Range: $0.110 - 120
Price Target 1: $0.098
Price Target 2: $0.0.092
Price Target 3: $0.080
Stop Loss: $0.129
XLM looking upThere is a strong consolidation on the XLM coin. As a rule, before a strong movement. There is a level of $0.11. Below they are not allowed - this speaks of strength. In case of a positive recovery of the general market and fixing the price above the level of the descending wedge that indicated, consider opening a long position. But not at once. Because at such moments, false breakouts very often occur. Now more than ever, risk management is essential!
Stellar XLM Impending Breakout!XLM is one of those assets that has just been beaten down again and again with no real push off of the lows. It's becoming too good of an opportunity for price appreciation and I believe it's primed for a breakout. Beyond some of the technicals I'm showing here there are also numerous fundamental reasons I think Stellar is overdue for some price appreciation.
A close above the 100 day MA would be bullish and likely cause a push up to .12 a close below will likely result in another visit back down into the .10 range. Regardless it's either up soon for XLM or off to new lows. A break and close above .12 on the daily would likely take XLM up to .15 then .17
XLMUSDT 1D The global growth goal is $0.5 per XLMThe XLMUSDT price behaves almost as nicely as the price of "colleagues in the shop" - XRPUSDT
The XLMUSD price is approaching the critical level of $0.12.
Breaking this level up and fixing it above means the official start of a new growth trend.
If Stellar buyers fail to break through the price of $0.12, and the cryptocurrency market continues to be negative, the $0.075 level for buying XLM will be quite relevant
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#Stellar soars 14% in 3 Weeks, will XLM bulls Break $0.12?Past Performance of Stellar
There are flashes of strength in XLM. A notable development is that the coin is outperforming BTC and ETH. For instance, it is up 14 percent from September lows and tracking higher week-to-date versus the USDT. Despite rejections of higher prices on September 21, Stellar's uptrend is still valid. The immediate resistance is at $0.12; buyers may resume formation, targeting $0.135 in the short term.
#Stellar Technical Analysis
The expansion of Stellar prices on the past few trading days is with rising trading volumes. This development is overly bullish and signals buyers' participation. Since prices are firm and buyers appear to be in charge, traders can find loading opportunities on pullbacks above $0.105 and the middle BB. The immediate target, in that case, will be August 2022 highs at around $0.135, as mentioned earlier. On the reverse side, sharp losses confirming bears of September 21 may see XLM contract back to $0.098 in a retest.
What to Expect from #XLM?
XLM buyers are solid; the coin may tick higher with rising volumes as it bottoms up. The immediate support is at $0.105, while resistance lies at $0.12. Any surge above this week's highs may initiate demand, possibly lifting the coin to new multi-week highs at $0.135 or better in the medium term.
Resistance level to watch out for: $0.12
Support level to watch out for: $0.105
Disclaimer: Opinions expressed are not investment advice. Do your research.
XLM | Stellar | The Technical Outlook is Supporting GrowthXLM | Stellar | The Technical Outlook is Supporting Growth
Price is testing the bottom of the pattern for the third time
and thereby creating a potential megaphone pattern.
During the last days, the price increased by about 17%.
A good part of the movement was supported by XRP.
XRP is showing positive developments regarding the lawsuit they have.
This is one of my favorite projects and it should grow further.
Objectives:
🎯 0.15072
🎯 0.17021
🎯 0.23681
Thanks and Good Luck!