XLM price analysis

in xlm •  7 years ago 

Stellar is comparatively stronger cryptocurrency beacuse it si quoting above both the 20-day EMA and the 50 day SMA and both are treding higher whereas most other top currencies are withnessing a bearsih crossover of the moving averages if the overall sentiment remains subdued we belive that the XLM/USD pair will face resistance at the $0.671 mark currently we don;t have a suitable stop loss so we better wait for a correction to the trendline before initiating any long positions
once the cryptocurrency breaks out of the $0.671 mark a move towards the highs is likely with a small resistance at $0.732 levels
it might be a good idea to wait for a low-risk trading oppourtunity to initiate freash positionsxlll.jpg

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xlm has good future

yes you are rigth

Literally no idea what you are on about, but cool.

Important dose of perspective in these dipping days. Smiling now.