XLM/USD: Signs of Overextension and Impending CorrectionStellar (XLM) experienced a dramatic surge, skyrocketing from $0.09 on November 7 to a local high of $0.63 on November 24. This rapid rise of over 600% in just a few weeks indicates clear overextension in the market. Such sharp upward movements are often unsustainable without periods of consolidation or correction.
Current Market Context:
Current Price: $0.48
Recent High: $0.63
Key Support Levels: $0.36, $0.25
After hitting $0.63, XLM has pulled back to $0.48, a strong signal that the market may need a correction to stabilize. This retracement reflects profit-taking and waning momentum, both common after such parabolic moves.
Possible Correction Scenarios:
Moderate Pullback to $0.36:
The first likely scenario involves a pullback to $0.36, a key support level that aligns with previous consolidation zones. This would allow for healthy price action and create a foundation for future bullish attempts.
Deeper Correction to $0.25:
If selling pressure intensifies, XLM could retreat to $0.25, representing a more substantial correction. This level is critical for maintaining a broader bullish structure and could attract buyers looking for value.
Market Indicators:
The RSI (Relative Strength Index) shows signs of overbought conditions, suggesting further downside pressure.
Volume has also declined since the peak, indicating weakening buying interest.
In summary, the overextension from $0.09 to $0.63 signals a market that may need to cool down. The current decline to $0.48 underscores the likelihood of a correction, with key support levels at $0.36 and $0.25 in focus. A healthy pullback could reset the market for a more sustainable rally in the future.
Xlmusdtrade
Be patient with XLMUSD, it's time will comeHello everyone,
today I choose to talk about XLM.
Many consider it a dead coin, since it did not make a new ATH in 2021. But I prefer trading with verified coins that have been around for long enough to establish patterns in their charts. And I trade based on these patterns.
This is a weekly chart of XLMUSD.
It is one of the sleepiest coins. But when it wakes up, it is a rocket.
How to read my chart:
- When XLM is in bull market, it respects 21 weekly EMA -> price action above it. (arrow up)
- When XLM is in bear market, it respects 21 weekly EMA -> price action below it.
- In accumulation, price action plays with 21 weekly EMA, goes above it then below, then again above it, and below... (rectangle)
Sure, this does not help, right. How could you know if we are still playing with 21 weekly EMA or is this cross above start of parabolic rise. Well, the answer lies in RSI.
XLM goes parabolic once weekly RSI crosses above 70 (circle). We are not there yet so I do not expect fireworks tomorrow. Remember, XLM is one of the last ALTs in the bull run to wake up, that is why its bull runs are so violent. Because once it wakes up it makes up for all the sleeping in matter of few weeks.
More info on XLM:
- XLM created its base (red line). It has respected it since 2018. It has touched it in 2023 and 2024.
- People think XLM slept through 2023 bull run and hence is dead. But the fact is that the 2023 bull run is still not over and XLM will mark the end of it with its parabolic run.
I have started to slopwly accumulate XLM with the money gained from BTC and other ALTs that have already surged.
XLM potential is from 5x to 15x. You choose and determine where you want to take profit. BUT MAKE SURE TO TAKE THE PROFIT!
And remember: If you buy low, you do not need coin to break ATH to make substantial amount of money. Buying price is much more important then selling price.
Good luck.
P.S. Check my other posts. If you find value in my ideas, boost and share them.
If you want to stay notified, follow me.
Ripple “protégé” - Stellar is also trying to rise in XLM priceWhile encouraging news is starting to circulate around #Ripple and the price of OKX:XRPUSDT is slowly getting off its knees, by the way, a month ago we came up with an idea for CRYPTOCAP:XRP 👇
The #Ripple “protégé” #Stellar is also trying to rise in price a bit.
For two years, the OKX:XLMUSDT price probably formed a Double Bottom pattern. And for the next 1.5 years, the #XLMUSD price will be able to work out the goals of the pattern:
1️⃣ target - the base of the Double Bottom - $0.195
2️⃣ target - growth in the region of $0.64-0.65 for CRYPTOCAP:XLM by the end of 2025.
But under the current conditions, we do not believe that CRYPTOCAP:XRP can cost $10, and CRYPTOCAP:XLM more than a dollar. Unless they arrange denomination in projects 10-100 times or something?)
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
XLMUSD descending triangle - SHORT (NEW)XLMUSD looks ugly , not different than other coins.
The price broke to the downside of the descending triangle pattern.
We already saw a successful bearish retest and previous support now is acting as a resistance. We're expecting 18- 20 % dump soon.
Target shown on the chart.
Good luck!
XLM: Expecting good bounce after the breakout!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
BUY XLM/USDT ON SPOT
XLM is making this falling wedge pattern
If you average- use below 5x
Entry range:-$0.093to $0.1
Target:- 50%
SL:- If any candle close below the lower support of this wedge pattern
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
BIG PictureJune 1st, 2023 is the 1:1 time extension from wave A. That means that around that date, we may be at a very good price to buy. It doesn't need to do a full extension, but harmonics usually like these things to line up in some relative fashion. This is why we use the fibonacci sequence. I've noted some relative buy zones in the green boxes. Laddering buys is usually recommended by professionals.
Alright now let me first say that I think Stellar is the real deal, and for good reason. They are one of the only projects completely focused on developing their regulatory compliance while innovating on the network and encouraging new developers to work with them. The "Clawback" (Transaction Reversal) technology is next level, and not something that other blockchains are capable of doing right now. This is a big step in maintaining compliance and being able to actually integrate with conventional regulatory backdrops. Stellar is the dark horse in crypto.
Now, that being said, Biden just released his executive order on crypto.
We are seeing more headwinds than tailwinds right now, so I expect there to be more price declines as exchanges leave and projects shut down that cannot comply with regulatory requirements*. I will note that we are already seeing announcements of projects (YFI/USDT) shutting down 25 apps/projects with seemingly no notice or good reasoning besides the fact that the developers just got bored! That's Not Good! It seems the fakes and non-committed projects are going to start cracking and running away so be careful out there.
The stock market and bond markets are beginning crashing. This first leg down the bias has still been positive, but now the "buy the dip" mentally is fading and prices at the grocery stores and pump are going up!
The market bias is now starting to flip bearish which will drive the major indices tumbling as the Fed starts raising rates. This all will drive crypto lower as liquidity leaves the systems. I expect you will all see prices you never thought you would see again, but I can't guarantee that.
My advice to any holders is HODL, as long as you're not using leverage or loans or anything. Like I said, prices could fall extremely dramatically because the levels of liquidity via margin debt and leverage that is in the system right now is unprecedented. You need to remember though that if you're a long term holder, this is not a project you should be selling ever IMO. I expect XLM to go to $30 over the next 10 years, so this is gonna be a ride of a lifetime if you can hold on throughout.
This is not trading or financial advice. I'm not telling you to sell any XLM or buy any. I am saying that it could go to 8 cents or maybe even 4 or 5 cents and if it does...I would borrow and invest Heavily at that point.
XLM/USDT is Potential To pump %100Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
#xlm making this falling wedge pattern.
ENTRY- $1.7 - $1.8
TARGET- 110%
SL- If it breaks and closes below the $1.65
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Stellar (XLMUSD) SHORT TO $0.07-$0.06 Stellar (XLMUSD) is going through an A-B-C correction. The correction looks like a Zig-zag correction which is a 5-3-5 wave design
Wave A - Went from $0.8 to $0.19
Wave B - Went from $0.19 to $0.44
Wave C - it's a 5 wave series and I think it will end up at $0.07-$0.06 zone before reversal
Stellar (XLMUSD) going to retrace to 88.6% or 94.1% correction TO $0.07-$0.06. We are presently at 78.6% FIB retracement, so the next best points are 88.6% and 94.1% and they are derived by the following formulae:
88.6% price level is derived by squaring (or multiplying by itself) from the Golden Ratio, 0.618:
0.618 x 0.618 = 0.786 (78.6%)
0.786 x 0.786 = 0.886 (88.6%)
0.886 x 0.886 = 0.941 (94.1%)
88.6% retracement price is $0.11
94.1% retracement price is $0.07
I believe Stellar (XLMUSD) will still be shorted and may find the reversal at that 94.1% zone because that's also a junction point where retracement of the whole five-wave series and the extension of the A-B-C meet
Please like and comment for feedback
XLMUSD LONG?Coming from a resistance level of 0.80737920 and a support of 0.19068660 in June, I can say that traders have the value of this asset at hand. Recent price movements shows the stronger buys over the sells at every uptrend.
Going long on XLMUSD is definitely a payable decision with a SL at 0.235 on weekly entries.
XLMUSDT DESCENDING TRIANGLEXlmusdt is trading in a descending triangle and has
made a triple bottom to retest the support levels which shows a positive reaction to the downtrend move of price. With supports holding, price is likely to spike to the price targets if btc maintains its position with a steady or drastic rise to the upside. Price targets to take profit and possible target in case we see a downtrend has been provided on chart.
Your likes and opinions would be much appreciated, you can follow up for more helpful contents and do follow my comment sections too for quick updates.
XLMUSDT Might break above the Resistance
Welcome back Traders, Investors, and Community!
Hi Traders, XLMUSDT on H4 has been making a Bullish Flag which is an indication of the Bullish trend continuation how ever before it goes up the price might go to around 0.218 and then goes up . We might get a break above the Resistance so on the lower TF we can look for potential entries.
⬆️Buy at Resistance Breakout or Buy at 0.218
⭕️SL @ 0.193
✅TP1 @ 0.284
✅TP2 @ 0.343
✅TP3 @ 0.459
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
XLM Going to pump up? 💣Hello Traders. I hope you are having a great Tuesday.
Today I want to talk about XLM. Well as you can see in 4H timeframe, price broke the green area which was ATH an has retested it 2 times and has gone up
since then. Now price is moving in a channel and recently has broken out of a purple range and in smaller timeframes has managed to pullback to it. So in my
opinion it is a good place to open a long position.
Entry : 0.61$ ( around purple range ) Target : 0.8$ ( midline of the channel ) Stop loss : 0.58$ ( if the candle closes below the purple support )
Midterm target for XLM can be around 1$.
🚩 Always remember to put stop loss for your orders in order to reduce the risk of your trades.
🚩 Always keep an eye on BTC chart as well because it can affect the movement of altcoins as you all know my dear traders.
If you want to check out my other analysis , I have linked them below and also don`t forget to follow me for further updates and new analysis.
Thank you guys for reading my idea on XLM and don`t forget to comment what you think. ✌
XLM 10x-50x LONG -Where is WANTED BEAR?Over logging from "Btc, Eth" We have detected excessive entry from markets like "Tether".
Not Investment Advice.
It is very risky You may lose all your money.
dangerous risk!!!
My suggestion for those who want to enter is 2x, 5x.
I am inside right now. I expect bear fish and whales.
Please open a reverse transaction. Let's see who has a lot of money.
I'll make a new login. I will not share my check-in time and time, unfortunately.
XLM/STELLAR Prime Levels TP/ STOP-LOSS
0.06671 1.40091 2.80182
0.06671 1.46762 2.86853
0.13342 1.53433 2.93524
0.20013 1.60104 3.00195
0.26684 1.66775 3.06866
0.33355 1.73446 3.13537
0.40026 1.80117 3.20208
0.46697 1.86788 3.26879
0.53368 1.93459 3.3355
0.60039 2.0013 3.40221
0.6671 2.06801 3.46892
0.73381 2.13472 3.53563
0.80052 2.20143 3.60234
0.86723 2.26814 3.66905
0.93394 2.33485 3.73576
1.00065 2.40156 3.80247
1.06736 2.46827 3.86918
1.13407 2.53498 3.93589
1.20078 2.60169 4.0026
1.26749 2.6684 4.06931
1.3342 2.73511 4.13602
XLM potential 1 $ -3 $ +%216 XLM, XTZ, XRP, ADA are very interconnected coins. investors invest in the same group at the same time. time shows the same time.
In these coins, the case is no longer considered important, even if it is a matter of law.
Everyone will have trouble. In the future, it may be beneficial to enter it a little bit rather than taking it from the top.
I'm adding back the tp I got because I got it from the bottom.
Everyone wants to earn money, if anyone wants to get out of the points I mentioned earlier.
Think like an Investor, plant the soil, take your harvest and enjoy yourself, there is a boom in the Trade business, there is a stop, there is a loss.
You can't get out of big money. So get tp. Try to add stop-loss.
I usually add it to the 12h Ema144-Ema72 band. Of course, this means a serious decline, but because my team is on watch, it takes the necessary actions.
Pay attention to your risk. Be careful not to sell at loss.
Do not be afraid while experiencing stop-loss, that is, cutting losses.
Our research is based on at least 1 month ago. It is not investment advice.
There is no shaking in any analysis, we look at research, indicator, money inflow, special software, risk analysis, market research, statistics and a few more details.
If you don't think the same way, you can enter a reverse action.
You can buy and sell it wherever you want. Absolutely the decision is yours.
This job has nothing to do with luck. This is an investment. Big wins.