I have posted some XLM Ideas in the past (view links for some of them). In this new Idea make the case for XLM reaching at least 1.4 dollar. As we can see, XLM follows a clear technical roadmap within a parallel channel . XLM has witnessed some resistance of the former high recently, but is absorbing a we speak the downwards pressure. Once the former high is cleared, the top of the parallel channel is the logical target. Depending on the speed of the movement, the price target will alter. It is safe to say 1.4 dollar is easily in the cards.
On top of that, the XLMBTC chart looks super sweet as well, as I will explain in another Idea later today.
As I have done in previous Ideas, I will provide updates quite regularly with some other charts included, from various timeframes. Happy and safe trading everyone!
تعليق
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Still on track. The ones who know me (from chat or stuff), know I focus now on alteth pairs. It will be the main driver going forward. Guess what? XLMETH looks super sweet. Let's roll!
There can be very fast move up if or when MRI line break. 0.68$
then its go 🚀 +1$
kennymmabilisa
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Beautiful chart and analysis bro.
We just need volume. Demand is too low for the coin due to poor performance and recent network issue.
Let's GO
etwright3
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What's your timeline for if/when it hits the .68 mark?
W0lfRAider
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@etwright3, If altseason really kicks in - further acceleration mode -, which I expect to happen any time now, 0.68 is just a small step away. matter of days. 1.4 dollar is a matter of weeks imo. Timespan is always difficult, xlm is a choppy trade until it is not. ;-) Godspeed!
Row078
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Nice one, beat the first resistance. If it breaks the second one it will 🚀