XML PRICE ANALYSISEveryone expecting the price action bullish on this month. But unfortunately all currency took reversal action. It's been observed that most of the coined like XML, XRP, ZIL, BITTS, Strong price rejection observed in last week. As per analysis on XML the price may shoot up towards highs. Stay positive.
Xmlusd
Stellar in a Cup'n Handle of 60%Look at this beautiful cup'n handle, the way we like it, big and easy to see.
The only problem is that today perform 10%, should be better if take another rest before it break the cup'n handle like the red line i draw, that should be great to break with strenght.
Cup and Handle is a pattern that reply the size of the botton to top, in that case 60% and get the target at exactly all time high.
Stellar is strongly bullishAfter breaking above double bottom's neck-line resistance, Stellar came and confirmed this break as a genuine one and has started to rise again.
The next target for this coin can be 0.5 and also a long trade from the current price can have a 1:3 R:R
XmlUsd- Approaching sell zoneFrom the recent base founded at 0.20, XmlUsd has started to grow and is trading at 0.22 at this moment
This rise is corrective and the coin is approaching strong resistance and sell zone.
I expect a new leg down and I looking to sell
Got you StellarHello traders and friend,
today trying to figure out Stellar, there is not an easy way to frame it (DAMN).
According to the chart, this projection to the end of the year shows a strong positive trend.
All indicators are in favor of LONGS but with an amazing speculative team.
Watch out for the first breakout (cause Stellar moon fast) then the second and last resistance will be amazing to see where it goes.
Will update ASAP.
MMM (Make Motherf.ckin Money)
This is not an advice, is a very high risk/reward.
STELLAR- Our chart updated chartOur updates Stellar/dollar chart with key support and resistance levels. Right on major support at this time.
Fundamentally, what I like about Stellar is the fact that they are:
a. a non-profit organization (clever..)
b. very close to the IMF and Federal Reserve
Our research has proved that Stellar Lumen technology could be more likely to be used for CBDCs (Central Bank Digital Coins) than any other competitor, simply for the fact that allready they seem to be working closely with (b).
XRP correction Grand final = sub 0.23 - Valid for most AltsI have spent some time now trying to make sens out of present move based on the past ones.
Lots of people thought bear market was over and correction done last September (Yellow wave count) however, fractal from top April 2018 to bottom August 2018 is perfectly aligning on top of June 2019 till now indicating couple of days sideways and a severe drop to sub 0.23 level. Which would equal to the grand final of wave 5 ending THE correction before we actually enter bull market.
Maybe I'm wrong but this combined to my indicators makes it valid.
If you want to play it safe, take out your monies now or at 0.32. Place a buy order at 0.35 and be patient. Should we reach 0.21 or lower... enter from there and cancel your order. That simple.
XRP in descending wedge?We are all hoping breakout being confirmed breaking 0.50 area. However we could see a dump to 0.435 area beforehand. Let's see where our fellow BTC leader is going. He might give our shuttle just enough steam to truly launch should it surpass its actual price.
Trade safely lads! SL ON.
XRP bullish...then very bearish We should likely see XRP raise to 0,53ish at best with a correction behind which should lead us back to 0,27.
If you take point 1 to 2, pink line, same lenght and angle and project it it does exactly match the 2 dip from 25/09 and 11/10.
With this technic I identified next 2 bottoms which match critical support level.
Next move, point 2 to 3 should confirm or cancel this theory. For now, it follows my previous expectations. Lets see how it plays out.
XML about to break a triangle resistance!Stellar coin is close to a triangle resistance, it could break either upward or downward, but there could be a major move from XMLwhen traders notice it!
Stellar (STR/XLM) Breakout Buy SignalStellar (STR/XLM) Breakout
of Symmetrical triangle
Buy Signal
After a few days of a 42% correction (92 ATH - 53) all signs point to a reversal and resumption of upward movement.
50, 100 and 200 EMA (day moving average) are all curling upwards, as it's looking like it's starting another move back towards ATH (All Time Highs).
Interestingly, Stellar was a hardfork from Ripple in 2014. Transactions on the decentralized Stellar network resolve in 2-5 seconds for a fraction of a cent, aiming for low-cost payments between different currencies. Stellar is a decentralized, hybrid blockchain that is fully open-source. It is infrastructure that exists to facilitate cross-asset transfers of value, including payments. With just one integration into the Stellar Network, you will join an open, global financial network where all actors – be they people, payment networks, or banks – have equal access & economic participation. With a team of top technology and finance professionals, the nonprofit Stellar 0.00% .org expands access to low-cost financial services to fight poverty and maximize individual potential. Stellar 0.00% (Lumens) (STR/XLM) is supported by IBM , Deloitte, Stripe, Google.org, Blackrock and loads of other big companies.
Looks interesting to me with still a lot of upside potential. US Dollar parity is the near term target, as it goes the way of Ripple. $10 USD parity in 2018? Given the way this market can sometime move, as well as the fact that STR ( XLM ) is valued far less than any other of the top 17 crypto currencies, I wouldn't be surprised at all to see it pass 1 USD parity in the coming weeks-month and even break the double digit value (i.e. $10) in 6-12 month's time, but who knows.
Of course, "this is not financial advice". I'm just sharing my research, thoughts and ideas.
All the best luck trading