XLM - Something Good Will Happen Soon Hi, this is my update for XLM, in the last 3 days XLM is up around 25% after a big fall from $0.60 to $0.38. XLM has tested both the support level $0.40 and SMA100, also it held very well. Good news is that we are again above the SMA50 and the support level $0.455. I expect we are going to test the resistance level between $0.53-0.56 (Green Box) and after that we are going to see a normal pullback all the way to backtest the support level $0.455 to make a beautiful bottom head and shoulders, then we are ready to takeoff. + We have already made a double bottom in RSI and MACD is ready to turn green. So be patient and don't PANIC ;)
Stellarlumens
XLM - The Dark HorseAfter the 23rd April crypto dip, & before yesterday’s rise, i decided to add some XLM to my Longterm Crypto Portfolio.
XLM has managed to close 3 Daily Candle above its Ichimoku Cloud Leading Span A (Senkou Span A).
The Ichimoku Cloud Lagging Span (Chikou Span) is indicating momentum is upwards.
A crucial level for XLM to close a daily candle above is its 50% Fibonacci Retracement Level which is also where its Ichimoku Cloud Conversion Line (Tenkan Sen) and Base Line (Kijun Sen) is located.
The Ichimoku Cloud Conversion Line (Tenkan Sen) is indicating that short-term momentum over the last 20 period midpoints is sideways.
The Ichimoku Cloud Base Line (Kijun Sen) is indicating mid-term momentum over the last 60 period midpoints is sideways.
XLM has found resistance at its 50EMA, so XLM needs to eventually close a daily candle above this level an turn it into strong support.
XLM has also found resistance at its 38.2% Fibonacci Retracement Level, so XLM need to eventually close a daily candle above this Level and turn it into strong support.
The Moving Average Convergence Divergence (MACD) is indicating that the MACD Line (Blue Line) has curved slightly sideways. Keep an eye out because if upwards momentum continues, we may see the MACD Line cross back over the Base Line at 0.0 and then back over the Signal Line (Orange Line).
The Chaikin Money Flow (CMF) has dipped slightly but is still in the accumulation zone above its Base Line. A good sign is if XLM closes this day in the accumulation zone.
I decided to add Stellar XLM to my crypto portfolio because it seems to be getting quite well established mainstream wise and doesn’t seem to suffer from the same regulatory issues that XRP is currently facing. In January, Stellar XLM’s Blockchain Network got chosen by the Ukrainian Government as a platform to build & develop their Central Bank Digital Currency (CBDC) on….. Thats actually huge. XLM has has also recently been chosen by a company called 21Shares, along with Cardano (ADA), to be listed on the Swiss Stock Exchange as Exchange-Traded Products (ETP)…. Thats also pretty impressive. XLM seems to be a real dark horse that is making strides in the mainstream, so who knows, with all this mainstream attention, XLM could be a good longterm investment.
I hope this is helpful with your trading & hodl-ing 👍🔥🚀🌍🌔🪐🛸👽
Stellar Price AnalysisSince the beginning of 2021, Stellar has seen drops of >45% on 4 separate events. Bulls may then be sure to go deal chasing after the new steep markdown. The image in the more drawn out term stays hazy. We can look to the brief timeframe casings to give us exchanging openings.
On the 4 hour chat, we see overhead opposition at $0.45113. The following level on the potential gain is the upper band of the dropping pattern channel at $0.4787. A break if this level on an end premise could give a long chance, shutting the exchange as the value approaches $0.5195.
This view would be refuted on a nearby underneath the upper band of the downtrend channel.
RE-UPDATED - XLM for LONG - As I see the trendlines.I know this seems like a lot of trend lines at first, but I still think it makes sense to draw so many trend channels.
Divided by colors, purple is the steepest, which was quite well followed by the chart last week.
Yellow is a lower angle, longer-term trend, green is an even longer one, and red is a fairly comprehensive trend line that can even be seen as framing the entire exchange rate in the event of a serious exchange rate shift.
I think that the intersections of these short-medium-long-term trend lines can be considered quite good support / resistance points for more volatile fluctuations. (for example, a candle on February 15 at 00:00 has also been fallen only till that pont)
Obviously, I could complicate the analysis for example with different indicators, but in this case, I’m testing exactly what I can get if I rely only on the most basic technical elements.
What do you think?
XLM - Target $13 - Some Nice Gains Ahead For Stellar LumensThis analysis is based on the latest wave analysis done on Bitcoin and Litecoin.
The identification of the expanded correction on these Crypto's has shed some light on what is on the horizon.
If this analysis is correct we are looking at a 2,500% gain on XLM.
I will be tracking this move closely as I believe we are on the verge of major move up across the board for most Crypto's.
If you want to check out all the latest AriasWave analysis, see related ideas below.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
CELO XLM CORRELATIONHrm. Looking more in-depth at recent data we contemplate the possible of a delayed alt spike correlated with CELO's defiance of broader market momentum in the past few days.
As always, we are preparing ourselves for possibilities.
$XLM HORIZONTAL AND CHANNEL FIBxlm is just getting warmed up and ready to take out the 2018 high of .87
after that there are plenty of low hanging targets to take out
there is no telling how high or how long stellar (xlm) will go
not financial advice
just leaving this chart here to see how many of my price targets get filled
STELLAR LUMEN : READY FOR NEW BULLISH FIBO IMPULSE - TRIGGER 🔔Welcome back Traders, Investors, and Community!
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Stellar Lumen, About To Form A Flag-Formation-Breakout!Hi,
Welcome to this analysis about Stellar, we are looking at the 4-hour timeframe perspective. Stellar is one of the more volatile currencies in the last times within the cryptocurrency market and as I discovered now it is forming this important descending-channel in which it already completed the wave-count A to C in the structure and bounced within the lower supports and EMAs lying there, when Stellar now manages to breakout above the upper-boundary this will be the proper continuation-setup and completion of the formation as a bull-flag. Realistic target-zones lying in the dynamic-target-zone marked in blue in my chart then, when Stellar reaches these zones it needs to be readjusted if a bullish continuation right away is possible or firstly pullbacks show up.
In this manner, thank you for watching the analysis and great contentment for everybody supporting, all the best!
"The high destiny of the market is to explicate rather than to speculate."
Information provided is only educational and should not be used to take action in the market.
XLM USD - THE 10-CENT RANGEStellar has been on this bullish move for a month now, well deserved I might add. The fundamentals for XLM has all the attributes to make it a long term pretty good investment. The technicals show you how this token has been moving in a fixed range of 10 cents before a retracement. Something to keep in mind when taking profits.
A good way to catch the bull run is to wait for price to come within the cheap buy zone. Approx $0.56-0.58 price area.
I see XLM to continue on its bullish journey. No price predictions here. Just possible zones where price can travel.
XLM is moving upwards as anticipatedI hope you all had an amazing weekend! As anticipated, XRP was the necessary catalyst (see my published idea from April 6th, 2021).
Also, if you have read my comment from April 7th, 2021 (in that idea from April 6th, 2021) we saw the retest of the monthly level at 0,468$ and weekly level at 0,488$ - if you have set your stop-loss as I did for myself (0,448$) your position has not been closed and you are now part of the upwards momentum.
Our PT positions are still in play. I have mentioned on my idea from April 6th, to set your profit taking level a bit below the actual resistance level and yes, we saw the price approaching 0,67$, but it was rejected around 0,656$ - a good spot for taking profits and buying back at a lower level.
Profit taking levels still in play:
0,677$
0,746$
1,05$
Stop-Loss is now according to your entry point. If I make a good amount of profit, I take out my initial investment and let the profits run - no risk there :)
-This is no financial advice, so trade with caution!-
For transparency reasons: I am invested in $XLM with 1/3 of my portfolio and usually keep 2/3 for dollar cost averaging every 30% down.
XLM/USD (Stellar Lumens/ USD) I fear that I have married this crypto. The technology this company offers is something that i truly believe will revolutionize the money market. If it is not Stellar then it will be a company similar to it. The technology is aiming at Western Union's (WU) market by making it cheaper and faster to transfer money from person to person. With Western Union and Money Gram International (MGI) it is super expensive to move money around. they charge sometimes 10% of the amount moved. and then it takes two- three days before the funds are available. With stellar its instant and at a 1000th of a cent (i think). i would really like to see this company and crypto get bigger I have 1% of my total income in this crypto and thus far its growth has been well welcomed. With this bearish ABCD pattern that just completed the top of the grey box is where you would want to enter or re-enter for the best bargain price.