✅ XLM (Stellar) – What’s Next? For BINANCE:XLMUSDT By ShawnMCR

XLM started corrections just like any other coin in the Correction-Season and then after a while of consolidating and going for resistance areas and getting rejected by them, this is where we are now. We just got a bounce from our support and trying to build the price up to get to the next resistance once more.

Right now most coins are forming a bullish triangle and most people are talking about it. Just put your charts on 1D and take a look, you’ll see it!

As I’ve said in my last ADA and XRP chart, Watch for Bitcoin , since it looks like it’s going to touch ATH or even cross it. After Bitcoin calms down XLM can perform stronger than now and might run for testing the ATH . If possible, it might cross it and touch the red resistance as I’ve shown on the chart.

if not successful, then it’s going back down but I’ll update the support when that’s about to happen.
XLM isn’t showing STRONG buy volumes in the market but it still has some time to build up a foundation on this support zone .

There are 3 resistance areas on the way up and each is stronger than the other. Watch out for them.

I’ll keep this chart updated.

Use this chart as your trade setup for now.

Current Market Price: $0.3425

Good Luck

Tell me your ideas. Like and Share