Xlmbtc
Stellar LumenStellar (XLM) Lumen
Technical and fundamental analysis overview of Stellar (XLM).
Stellar is a payment technology built upon the Ripple protocol, but it has changed a lot since its inception. Unlike Ripple, Stellar aims to work with developing markets instead of banking systems and other well-established financial institutes. The asset has quickly gained popularity and the trust of investors. Now, this coin is among the top largest cryptocurrencies in the world by market capitalization.
Recently, Visa has bought out the Plaid financial platform and in the process thrown down the gauntlet to its peers, Ripple and Stellar Lumens in particular.
As for Stellar Lumens, it has a big share of the rapid payment sector and must be enviously eyeing Visa’s latest acquisition and calculating what to do to counter it. Recently, it was discovered that Lightnet, a Thai tech-based start-up with big ambitions is seeking to take the place of SWIFT and get crowned as the top international payment system on the market. Lightnet has since raised a significant $31.2 million and will use this to craft a software solution inspired by the blockchain utilized by Stellar Lumens.
Technically, I see cicles and now we are in bottom. If the price continues its move northwards and breaks above 0.00000910, a rally to 0.00002900 is likely in the midterm. Conversely, if the price fails to sustain above 0.00000500, the pair will turn negative with its next strong support zone near 0.00000250.
However, XLM’s RSI In W1 chart looks bullish
Local Support Levels: 0.00000610, 0.00000570
Resistance Levels: 0.00000910, 0.00001250, 0.00001540, 0.00002100
Target Level: 0.00003000
Market Cap: $1 149 259 613 USD
Volume (24h): $1 474 114 504 USD
Circulating Supply: 66 682 072 191 XLM
Best regards EXCAVO
Stellar Lumens - $XLM - Clean Count$XLM is one of the coins with a clean count. I will use it as a guideline to look for similar setups.
What's noticeable is the fact that there's bearish div on hourly timeframes so we'll range a bit now.
The second subwave of iii was simple so 4 will be complex.
#CRYPTO #XLM $STR #STELLAR #STELLARLUMENS
Stellar Lumens Looking Better, High Volume, Easy Target MappedStellar (XLMBTC) is looking better now as a strong bounce is taking place and good volume is starting to show up.
I can see the same signals we are seeing in most of the altcoins that are starting to move... Let's take another quick look at those:
1) Higher low (light blue).
2) Increasing volume.
3) Break above EMA10.
4) Strong RSI with MACD trending up.
5) Most of the people are still clueless about the incredible bullish action that will permeate the entire cryptocurrency markets... especially the small altcoins.
We have more signals and tools that we can use for charting and trading, but the ones above are more than enough for us to say that Stellar Lumens completed its retrace, now it is time to resume its uptrend.
Namaste.
XLMBTC Brokeout Resistance bull Is comming>??XLMBTC now looking Good.
Very long resistance line breakout upward side and now we can see some uptrend.
now current price is 640 Satoshi.
if price hold above this trend line then we can expect 30%-70% profit.
entry: 620-640 Satoshi.
Targets: 870/988/1233 Satoshi.
Check chart and learn and earn with your good Strategy .
Like share and follow.
XLM/BTC, Bullish Butterfly (Monthly chart)Seems like there maybe a bit further bleeding even though I'm hoping XLM has one of those DASH pumps that we just had which I got a good amount out of. XLM/BTC looks bullish to me longterm once zoomed out and looking at the monthly having nearly completed this harmonic and the stoch rsi just waiting to cross bullish.
@moon333 here on TV posted a monthly chart as well but that doesn't look too accurate to me, although he has more experience and could be right. However this is the way I am seeing it. I did buy some at current levels for the longterm (unless we get a DASH like pump and then I will sell to book profit and rebuy lower).
XLM building to make 200%+ movement soonWavetrend and Volume oscilator indicators seem to be lining up to retrace back to the Major resistance 2 line. This may happen once XLM breaks Major resistance 1 line.
This isn't trading advice, just documenting and learning ideas.
Any feedback is appreciated.