Very recently XLM has seen a strong increase in value, after which is corrected over 25%. At the moment, XLM is producing higher highs and higher lows, indicating a possible reversal of the short term trend. This, combined with the extra volume increase might shoot XLM back up just like a few days ago.
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on swing highs and round numbers. Do your own due diligence.
Happy trading!
On the chart, I’ve marked two potential areas of resistance, R1 and R2. These areas are based on swing highs and round numbers. Do your own due diligence.
Happy trading!
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