$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.
XLM
#XLM/USDT#XLM
The price moves in an inverted head and shoulders pattern
The right shoulder is now complete
Wall is expected for the upper border of the shoulder
We have a higher stability moving average of 100
We have bullish momentum on the RSI and an uptrend
We have a current breakout of the channel to the upside
Entry price is 0.2500
The first target is 0.3000
The second target is 0.3500
The third goal is 0.4000
XRP vs XLM Weekly Nearly IdenticalLooking at these two banking tokens on a weekly line chart it is not hard to see that the price action pattern of both has been nearly identical.
Using a log scale to measure the change in percentage we see they are topping and bottoming together but yet XRP is up nearly 2x over XLM.
If we look at the first range xrp traded in at launch we see a lower double top pattern followed buy a upward curving tight range and then a massive price explosion.
Currently we see the same pattern emerging with the lower double top followed by the same upward curving tight range.
If the pattern repeats itself the next step in this fractal is price explosion.
Squares on the left hand side represent the percentage rise and fall of the first range formed at launch for each token.
This typically is a good gauge of the percentage gain available from an assests circulating supply. Unfortunately with cypto circulating supply is subject to change by minting new tokens, lost tokens, and burning.
XLM/USDT - Breakout of the year | Few more days left BINANCE:XLMUSDT (1D CHART) Technical Analysis Update
XLM is currently trading at $0.1356 and showing overall bullish sentiment
the price is currently around the resistance zone and the price was rejected around this resistance level 4 times in the past. This resistance level is very critical for the price to move above the resistance level. If the breaks the resistance then we can see a sudden pump in the price similar to the past.
Entry level: $ 0.1383 (After the breakout)
Stop Loss Level: $ 0.1221
TakeProfit 1: $ 0.1451
TakeProfit 2: $ 0.1531
TakeProfit 3: $ 0.1629
TakeProfit 4: $ 0.1753
TakeProfit 5: $ 0.1979
Max Leverage: 5x
Don't forget to keep stop loss.
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GreenCrypto
Stellar XLM The biggest Moon 14.00 +XLM BULL PENANT/FLAG
This is just and idea. Why so stagnant? For years after years in regards to new ATH?! Because the pole upwards is coming!
XLM has been working and building in the background. Lately with the new Soroban contracts phasing out. XLM is becoming a Real World Assets commodity. The project and foundation has kept an ear to the damn US government in regards to compliance and regulation. In price action terms XLM is considered dead because it’s brewing up ready to blow off.
Don’t be deterred nor discouraged. I believe we are in a super cycle. If the pole breaks upwards and you held, though you may have traded the last bull run. You have to hold XLM’s bottoms on the pennant/flag.
The highest hopium is the highest risk. If it pays off, you’re rich.
#XLM/USDT#XLM
The price broke the downward channel and began to rise after breaking the downtrend with oversold saturation
The current price is 0.12800
Initial target 0.1328
A restriction that results in a correction in the price and then goes to
The second target is 0.14460
Then the third target is 0.16930
This rise is supported by oversold conditions
XLM looks bullishAfter branch i, which was the last symmetrical branch, the price has entered an upward phase of great degree, and now wave A and wave B of this phase have been completed. It seems that we are at the beginning of the bullish wave C.
From the green range, it is prone to jump up
If it reaches the green range, you can look for buy/long positions.
The targets are marked on the chart.
Closing a daily candle below the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
XLM USDT#XLM on weekly time frame: After a successful breakout from a zone marked in green, we will see massive gains. We could take entry after 4 hours or Daily candle close above the marked zone. Always use stop-loss. Everything is on the chart.
Entry 0.1795
S.L 0.1450
T.P1 0.2418
T.P2 0.3504
T.P3 0.4358
AriasWave Market Update - DOW - ASX - BTC - XLM - XRPIn this video, I aim to provide an overview of my observations regarding the approach toward a potential market peak.
I'll offer some perspective by comparing the Dow Jones to the ASX (Australian Stock Market) and discuss the possibility of a significant downturn in global markets, comparable to a collapse. I'll outline various factors contributing to these considerations.
Viewing the markets from this angle, one begins to recognize parallels with the tech stocks of the 90s, many of which peaked and experienced a decline of at least 90%, with some becoming worthless.
I see a similar scenario unfolding with cryptocurrencies, where survival will be selective, and many may not endure.
Luna still has one more drive to $70 before steep correction!Luna has done phenomenal in this run and we can all agree with that. Its been forming a large rising wedge and indicators are showing a pretty sizable correction back down to single digits after the peak at $70 near the apex of the wedge. The Elliot wave is almost complete as well, we are in the final stages of the fifth wave which woulds bring LUNA to around $70 dollars before it corrects. A massive, fast and steep correction will occur after the top at $70 dollars so dont forget to take profits. Not financial advice, happy trading, let me know what you think. Good luck!
I'm sorry, but this time is no different. XLM/USDI'm sorry, but this time is no different. XLM/USD
check RSI level on 2w timeframe. (first yellow and later green line before the bullrıun)
Its bullish as you can see.
we dont need extra lines or etc. to understand. Just 2 Parallel Lines
XLM/USD 1w Cycle version
XLM/USDT upward momentum riding bulls wave? 👀 🚀 XLM💎 Paradisers, brace yourselves for an exciting turn with #XLMUSDT as it encounters resistance at the supply zone, paving the way for a potential bullish surge from the demand level.
💎Through market cycles, we've observed how previous supply zones have transitioned into areas of demand, driving prices higher. Presently, with #XLM challenging a key supply area at $0.1373, there's a promising outlook for a bullish shift from this point. The asset's solid stance above the ema55 further hints at an upcoming increase.
💎 Conversely, if CRYPTOCAP:XLM falls beneath the $0.1373 level, it might signal a move towards bearish waters, prompting a strategy reassessment. A bullish push from a secondary demand point at $0.1120 could be anticipated, yet breaching this could lead to further declines.
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.
Enjoyed the analysis? Don’t forget to hit like, drop a comment with your thoughts, and share it with your friends.
#XLM/USDT#XLM
The price is moving in a downward channel and sticking to its limits well
It was penetrated upwards forcefully and was stabilized above it
We have a higher stability Moving Average 100 in red
We have an uptrend on the RSI that the price is following well
Further upside is supported
Entry price is 0.1223
The first target is 0.1275
The second target is 0.1329
The third goal is 0.1388
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.