STELLAR - Consolidation For A Big Bull WaveStellar has gained massively over the past few weeks and now in consolidation mode before a Big Bull Run. Support needs to hold in order for this to remain Bullish. A sustained break of support will open Bearish move.
For entries, please wait for at least two candle reversals at the specified level and apply appropriate risk management.
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Disclaimer: This content is for educational purposes only and should not be considered financial advice.
XLMUSDT trade ideas
Crypto take profit zonesIn this quick video, i just wanted to update everyone with what i am seeing. i wanted to share the game plan to take profit in the crypto market. I go over a few different charts but if you guys have any specific charts that you need please send me a message and ill try to give you a quick snapshot of the roadmap from my perspective.
good luck out there and please take profit when its time. i would hate for you guys to hold during the next bear market
XLM | Stellar the Brightest STAR in the Blockchain SKYCrypto alts pump one by one and star of tonight show is Stellar
But What is Stellar ?
Stellar is an open source, decentralized protocol designed to facilitate the transfer of digital currencies into fiat currencies globally. Its native cryptocurrency, known as Lumen, powers the Stellar blockchain.
The primary goal of Stellar is to bridge financial institutions with blockchain technology, enabling affordable and efficient transactions, particularly in developing markets. Established in 2014 by Ripple cofounder Jed McCaleb, Stellar shares some similarities with Ripple. However, Stellar has distinguished itself as one of the most successful altcoins, with a market cap exceeding $1 billion.
While Ripple primarily caters to banks and large corporations, Stellar focuses on individuals and small businesses. Nonetheless, Stellar’s robust partner network, which includes financial institutions, supports worldwide instant currency conversion.
Initially, the Stellar Foundation issued over 100 billion lumens. However, about half of these were burned in November 2019, reducing the maximum supply to 50 billion lumens. This coin burn briefly boosted XLM's price, though the increase was short-lived.
Key Features of Stellar and How It Works
Stellar employs a federated Byzantine agreement aka FBA algorithm instead of traditional mining for transaction validation. This unique approach eliminates the need for approval from cryptocurrency miners, enabling faster transactions compared to many other blockchain systems.(only nerds read this part!)
What is Stellar Used For?
Stellar is primarily designed to streamline cross-border payments. Its mission is to make international transfers quick, affordable, and user-friendly. The system works by converting the sender's currency into Lumens, which is then converted into the recipient’s currency.
For instance, if someone sends GBP from the UK to Russia, the Stellar network first converts the GBP into Lumens and then into rubles. Users typically access the network through partners like Stripe or Wirex, which provide services integrated with bank cards. Transfers are processed in approximately five seconds.
Where to Buy XLM
XLM is available on both centralized and decentralized exchanges (CEXs & DEXs)
Stellar Price Info
- Current Price**: $0.43 (up by +54% in the last 24 hours) YES, BIG ALTS CAN PUMP HARD TOO
- All Time High (ATH): $0.94, achieved on January 4, 2018, currently down -54% from its ATH.
- Circulating Supply: 30.01 billion lumens.
- Maximum Supply: 50 billion lumens.
- 24Hour Trading Volume: $3.14 billion.
- Most Active Market: Upbit.
- Market Share: 0.37% of the total cryptocurrency market.
- Market Capitalization: $13.06 billion.
XRP and XLM: The Batman and Robin of Global Finance
The World Bank and other major financial authorities are increasingly acknowledging XLM & XRP's potential as a game-changing tool in the global financial ecosystem. Versan Aljarrah, founder of Black Swan Capitalist, recently emphasized this in a post on Twitter, discussing the significant roles XRP and XLM could play in shaping the new global financial system.
Aljarrah pointed out that XRP is specifically designed to enhance institutional liquidity for cross-border transactions, making it a vital asset in the evolving landscape of global finance. Meanwhile, XLM offers a robust infrastructure tailored for efficient peer-to-peer transactions, positioning it as a key player in facilitating everyday financial interactions
Technical analysis
Xlm bulls broke 0.15$ major resistance and now ready to break the second wall which is 0.45$, if btc pullback then Xlm correct then gets ready for second pump,next targets are 0.53, 0.57 and 0.59$. most indicators shows bullish signals and the volume looks good
XLM/USDT NEXT TARGET ??$XLM/USDT
A bounce from the $0.4202 support zone could lead to a rally toward $0.6864, with further potential to reach $0.8208 and $0.9815 as bullish momentum strengthens.
Failure to hold the $0.4000 support could invalidate the bullish scenario and lead to further downside.
Consider entering long positions near $0.4202, or after a confirmed breakout above the current resistance
Stop-Loss:
Place a stop-loss below $0.4000 to minimize downside risks.
Profit Targets:
Target 1: $0.6864.
Target 2: $0.8208.
Target 3: $0.9815.
xlm after pull back , more upside coming !!Hello everyone! I hope you are having a great week. XLM can now move toward its next targets, which are shown in the chart. If you have any questions, feel free to comment, and I will answer you all. Please note that this is not financial advice. Be aware that you can use the RSI static support in the 40-60 range on the 4-hour chart.
BYBIT:XLMUSDT
BINANCE:XLMUSD.P
XLM | STELLAR | Can XLM go HIGHER?All the bottom feeders are pumping - XRP, XLM and ADA. This goes to show to that if it can be traded, it will be traded.
I have some thoughts on this (the unpredictability of these coins) . As they do not follow traditional market patterns, it makes them very hard to read and harder to predict - this significantly increases the risks associated in trading these coins.
I will admit I did have some XRP this cycle - but not ADA or XLM. Looking at the char prior to the pump, it was a dead coin - and there was no reason to anticipate such a huge increase.
Yesterday's update on XRP here:
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BINANCE:XLMUSDT
Will XLM/USDT Reach a New All-Time High?After carefully analyzing the XLM chart, my analysis suggests that we are likely to retest and break the previous all-time high within the next three days. Following this move, I anticipate a pullback as the TOTA3 index moves downward, leading to a major reversal. However, this correction will set the stage for a continuation of the upward trend into next year.
XLM more exponential doubling price growth expected!XLM, after registering a whopping 500% rise from the start of November from 0.10 range and tapping an impressive highs of 0.50, this is creating another slow roll accumulation phase curve en route to a stronger rise ahead.
Ideal seeding zone is at the current price range of 0.50
Interim target is set at 1.0
Mid/long term target at 5.0
This will just double up with so much pace as metrics multiply as well.
Happy profit hunting.
TAYOR.
Stellar (XLM) - Key Levels! Nov, 2024Key Support & Resistance Levels:
🟢Support Zone= $0.41 - $0.44
🔴Resistance Level= $0.537
⚠️Major Resistance= $0.637
If resistance levels are met and a candle close fails to break through them, there could be a short-term pullback or consolidation. Furthermore, if not, price action holds above the current support zone. Expect a further continuation to the downside in the short term.
‼️Next Line of Support if bulls fail to hold pressure against bears:
= $0.332
Can XLM hit $1 this year? Let's find out!The Stellar price has recorded a strong bullish recovery around its $0.43 mark. By hovering close to that psychological barrier since the week started, this altcoin has formed a resistance/support level around the price range. This further makes it a crucial watch level.
Specifically, with an intraday surge of over 14% with a trading volume of $4.233 billion, the Stellar price has reclaimed the $0.50 mark. Moreover, with the recent bullish candle, this altcoin has formed a flag pattern in the 1D time frame, suggesting a significant increase in the price action.
The Relative Strength Index (RSI) continues hovering above the overbought range in the daily time frame. This highlights an increase in the buying-over-selling pressure for the altcoin in the crypto market.
Further, the EMA 50/200-day has displayed a constant uptrend after experiencing a Golden Cross earlier this month. This suggests that the altcoin may continue gaining value in the upcoming time.
If the bullish sentiment sustains, the XLM coin price will breach its important resistance level of $0.50 and head toward its upper high of $0.60. Maintaining the price above that level could set the stage for this altcoin to retest its upper high of $0.70.
Conversely, if the bears outrun the bulls, the Stellar token will retest its support trendline of the flag pattern. Furthermore, if the bears dominate the crypto space, this could result in it plunging toward its lower support level of $0.40.
XLMUSD - 15 JAN 2023 pump?
the photo is taken from the stellar tweeter, I did a little analysis and a little attentiveness.
This does not mean that it is after this time stamp that there will be a pump, but considering what tips are left and where we have the main POS dialing area. There will be a reversal with a high degree of probability, squeezes are not excluded. Set zone 0.69 and 0.6699