Is XLM an Asset?By looking at the price growth since 2023, I have concluded that among the top 50 crypto projects (based on Market Cap), XLM has been one of the worst performing “assets” this cycle. I still have hope that it would be a good long term investment. For XLM to be in a bull market, price needs to cross above the orange support line, which may act as resistance first, but to make sure XLM is in a bull market it needs to flip into support and hold that level firmly. Only after that, I can make a conclusion that XLM is in a bull market. For now, there is no sign of a bull market for XLM and if price reaches the orange trend line and behave as a strong resistance, chances of a bull market will dramatically decrease. If price manages to find support at the orange level, then the next level to watch for would be the resistance around 40-43 cents. Considering both XLM and XRP were not able to make new all time highs in 2021 despite their huge potential in the real world economy makes these “assets” undervalued in my opinion. For me, as long as XLM is below 1 dollar, it is undervalued. In my view an asset is something that increases in value overtime or at least does not lose its value over time. XLM is around 89% below its all time high, which is a disturbing fact, but I still think a violent bull market is upon us.
XLMBULLUSD trade ideas
Bullish Gartley + Bullish Pennant Break Combo - XLMHere I have COINBASE:XLMUSD on the Weekly Chart!
After the 2.5 Year long Bullish Gartley Harmonic Pattern had finished forming this July 2024, we see Price has been working into a tight Consolidation Pattern called the Pennant!
This Harmonic Pattern has been quite the Rollercoaster for longtime COINBASE:XLMUSD investors but with the Bullish Rally brought on this week, we see Price Breaking Above the Falling Resistance of this Pennant Pattern to the .10 area!
-If Price can find Support upon retesting the Break of Falling Resistance and stay above, we could see COINBASE:XLMUSD bask in .10 range and Push Higher!!
-RSI is now pushing Above 50 after the period of Consolidation stuck just underneath, indicating Bullish Interest is building
**If Price is unable to sustain these Higher Prices, this current Bullish Break could become False and we could see Price play back down into the Pennant Pattern!
With the Trump/Vance Campaign, we heard a lot of plans and potential being put towards the Cryptocurrency Market and with the win of the Presidency, we could start to see more Interest in this financial area.
Further updates will be on Daily Chart!
XLMUSD November historically starts the parabolic rally. BUY.Stellar Lumens (XLMUSD) has been trading below its 1W MA50 (blue trend-line) since the week of April 08, consolidating in what is technically a wide Accumulation Phase on every Cycle below a Lower Highs trend-line.
Having entered November today though, sparks a wave of optimism in the market as historically on a 4-year frequency, this month is very bullish as the Cycle's Parabolic Rally starts. What basically confirms it is a break above the Lower Highs trend-line and of course the 1W MA200 (orange trend-line), which always have emphatic rejections (July 10 2023, August 17 2020, September 16 2019) during the first stage of the Bull Cycle.
As a result, it is a good time to buy now that the price is close to its 2-year lows. Naturally the Target can't be above the All Time High Zone (consisting of the last to Cycle Highs), our take is its bottom at 0.800.
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XLM Road Map Using Parallel LinesBefore explaining this chart I would like to ask whoever is looking at it to zoom in and study all data points (price reactions) touching and crossing the parallel lines. Parallelism is one of the most simple things in math that we learn in elementary school, but the impact of parallelism on human life has been underscored. By looking at the lines the first time, it may give you the impression that it’s just a useless chart with a bunch of funny lines. Just like anything else, there are inaccuracies to these parallel lines, but I have worked on them for over 100 hours to minimize inaccuracies. When you zoom into the chart and look at where price is reacting, the parallel lines start to make more sense. There are resistance and support levels going back to 2014-2015 that are still being respected by the parallel lines, so using these patterns I have tried to identify long term resistance and support levels and I’ve tried doing that by seeing where price is reacting most to the parallel lines and I have drawn them based on those price reactions since XLM was launched in 2014. I have not mentioned my price targets for this chart because it may mislead people during this period of market volatility. Another reason for not mentioning my buy and sell targets is if people study this chart for themselves and duplicate it on their screens, they may conclude different buy and sell targets, which is the advantage of this chart. It shows you where to look, but it doesn’t mislead you into buying and selling certain targets points. Another reason for not sharing my sell and buy targets is that I’m terrible at speculation, so I’ll leave it to the audience to make the decisions for themselves. Based on your knowledge of support and resistance levels, you can change the location of the parallel lines or even add more to the chart if you want to further manage your fear and greed levels.
XLM to 3308%? Buy and HODLStellar (XLM) is one of my first investments, I bought them since they started partnership with IBM in 2017. This is trade (investment) setup on larger timeframe. I am not looking to reach targets 2,3,4,5 and 6 very soon, that could be year(s). I will sell most of my capital on targets 2,3 and 4. Small portion will be sold on Target 1,5 and 6.
Entry Zone: 0.08 – 0.12
Buy Zone 1: 0.031 – 0.05
Target 1: 0.27 – 0.309 (125%)
Target 2: 0.40 – 0.44 (223%)
Target 3: 0.68 – 0.72 (444%)
Target 4: 1.06 – 1.10 (742%)
Target 5: 2.39 – 2.57 (1791%)
Target 6: 4.29 – 4.47 (3308%)
Stellar Lumens
Range: The upper band is around $0.10, and the lower band is around $0.085, defining a potential trading range.
The price is below the middle Bollinger Band, which aligns with a possible bearish bias in the short term.
There has been no strong breakout above the middle band, indicating that the downtrend may still be in play.
Volume seems relatively steady without any significant spikes, suggesting no major buying or selling pressure at this time.
A break above the middle Bollinger Band (near $0.10) could indicate a potential bullish reversal.
On the downside, if the price breaks below the lower Bollinger Band ($0.085), it could signal further downside movement.
Wait for a breakout from the Bollinger Band squeeze to gauge the next direction.
Watch for a move above the middle band ($0.10) for a potential long trade with the upper Bollinger Band as a target.
Alternatively, if the price fails to hold above $0.085, a short position could be considered with a tight stop.
XLM BULL RUN delayed and ready! Any momentXLM has 264 two-week candles. I've divided that by 2 at 132 candles per section. Study the chart and compare.
I've allotted 8 bars for the BULL ATTACK to start. This does not mean that's when it starts, this can be much earlier because as you can see there's a delay. View my yellow SHARK FINS.
BITCOIN BULLISH = XLM BULLISH
BITCOIN BEARISH = XLM BEARISH
BITCOIN CRASH = XLM CRASH
XLM (Stellar) is looking very good in the short, and long term!XLM is creating a very nice-looking chart and could be preparing to appreciate significantly in the coming months or years. The longer-term aspect clearly shows that it’s trading towards the bottom of the current range and could be a very good buy at or below current levels.
Good luck, and always use a stop loss!
XLM ANALYSISI analyzed the previous two pumps and dumps, and brought the situation to today.
Today's volume situation is different, but if i look at the basic waves(colored boxes), it's the same, only poorer.
Historical comparison says xlm will get more blood this year. This is not only historical analysis, I also consider many other coin analysis.
In short, below the pink line
This could be wrong
MD
XLM: 2 to 1 REWARD VS. RISK, MULTI-TEIRED 30X TRADE SETUP. XLM is currently forming a nice handle in the 'Cup in a Cup' Cup & Handle pattern that I've identified. Now that the price action is near the lower trend line of the larger cup's handle, I'm comfortable putting on this trade setup.
Good luck!
Don't follow my trades; come up with your own. Don't be a follower; be a trailblazer!
XLM is exhibiting an extremely rare CUP WITHIN A CUP PATTERN!XLM has recently had an incredible run, breaking out of the current Cup & Handle pattern that I identified and showed to my followers. XLM has always closely followed XRP, but in the past few days, it has sharply broken away and has been charting its own course. Now, I’ve identified a CUP WITHIN A CUP pattern that is EXTREMELY RARE! These two patterns are working together to create a move that could make both investors and traders very, very happy in the coming weeks.
Don’t copy my trades; become a trailblazer, not a follower!
Good luck, and enjoy making a ton of money!
XLM is on the verge of a nice breakout!There’s an incredible Cup & Handle breakout about to occur with XLM. Keep in mind that this is the hourly chart, so this particular Cup & Handle pattern is better suited for short-term day trades and is not an indicator of a longer-term breakout.
Good luck, and always use a stop-loss!
Bullish Divergence Bullish indicators going off everywhere.
Are we close to an Altcoin season?...
You bet your ASS we are. Look for XLM
to test .12 cents once again and back test
.10 cents as support. Then we are ready
to climb back up to .20 cents before resistance.
Don't let this opportunity pass you by. Most
prolific crypto influencers are calling ALTcoin
season in a couple of months or less. Stay happy,
stay calm, and be blessed.
************ HAVE A WONDERFUL XLM DAY **************
XLM - Short-term bearish, could change fast on Vol.XLM - I'm bearish to 0.96 in the short term as it is respecting the long-term downward channel, but I don't expect it to dip long as we are coming out of peak greed toward peak fear and I think buyers will jump back in once we hit key MA's and the bottom of the shorter-term up-trend channel. If we don't hold at 0.095, it could easily go to 0.087 if the wider crypto market looses steam next week. From my perspective, we will need a really strong pump next week to exit the long-term channel. A particularly strong bullish move in BTC next week could change things quickly.