Key levels that Zeus needs to move past to get to the promised land. $1 by end of Aug $10 by end of Dec $20-$50 by next July
Most reputable airdrops have been selling off briefly before 3x'ing in size. This will be a significant FDV to sustain, but with Bitcoin integration coming up for USDe, chances are we will see $1.50 sooner rather than later. Will be TPing on any value about $1.50. Aligns with the Fib extension on brief price action, but this one is more gut feel than science.
Update on my earlier analysis. Confirmation of consolidation over prior week with bullish divergence on RSI, supported by lower lows on price. Next 24 hours will be critical as we need the edges of a support channel that has been established for months. Expect a drawn down on BTC profits and rotation into top 10 crypto assets (first). Rotation will also move...
Building on my last prediction, expect a $2 break in coming days with some resistance at ATH...followed by price exploration. Volume and consolidation will provide strong support at $1.5 for any pullback. I'm already in the money <$1.5, so will be holding and riding the wave(s).
Levels of support built for XLM over the last month will be tested over coming days. Strong rebound in early stages could result in a volatile swing back into upper bounds.
Two scenarios for next wave of price movement for the rest of the month. Bullish scenario sees breaking through to 3.618, bearish scenario assumes further consolidation. Even under an ALT bloodbath, not expecting a fall beyond 1.00 - 1.40. Leaning bullish as even though we see bearish divergence on RSI, we have some degree of support and room for another big move.