We just looked at Stellar Lumens (XLMBTC) on the weekly time-frame, the long-term chart, now we are going to take a closer look and see what is going on...
Let's start by zooming in on the chart above:
We can see XLMBTC on a very steep decline since November 2018... Stellar never did let go and has been going down since... Only now early reversal signals are starting to show up.
Here we can see a new low being hit (bottom dashed line).
Here can see the volume breakout... We can see volume decreasing and then a sudden jump to print higher volume bars as well as break pass resistance.
The RSI is super strong, over 66.85. This is the highest it has been since March 2019.
If we compare Stellar to other altcoins, we are likely to see some huge growth in the weeks to come... All the details are shared on the chart above. All the targets are clearly marked... Stellar Lumens is now super bullish.
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Weekly analysis for Stellar Lumens (XLMBTC)
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+25% Growth after sharing on Binance.
If you look at Coinbase for the XLMBTC pair, this one exchange reached up to 72%+ of profits from our published price... It will grow more.
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