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XLM - Stellar Lumens 300% Gain Possible

BITTREX:XLMUSD   Lumen / US Dollar (calculated by TradingView)

XLM has closed a daily candle above the 200 period EMA , and above the 50 period MA. It has also risen strongly over the Fibonacci level at $0.26. The MACD and RSI are positive as well. Stoch RSI is in the caution area of the overbought. Volume is just OK

At this time XLM looks set to reach $0.338 which is the 0.5 of the Fibonacci level. A close over 0.5 will signal a bull run for XLM .

Of course all this depends on the overall market IE Bitcoin . If Bitcoin shows a turnaround into a Bull move XLM can easily reach it's old high well ahead of Bitcoin recovering it's previous high. If so XLM would gain 300% from todays price.

XLM is an excellent product with a great team and working applications in the real world. XLM is growing with new alliances and active promotion. XLM also boasts an active community of investors.

XLM should be a part of everyone's long term holds in my opinion. (Make your own decisions of course).

Please, Don't forget to Like Agree, Comment and Follow Me, It's additional encouragement for me to share my work.

All statements and expressions I offer are my opinions, and not meant as investment advice or solicitation. Information provided is not personal investment advice. Seek guidance from a professional investment advisor before trading or investing. Trading cryptocurrencies can be a potentially profitable opportunity for investors. You should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. I am not a registered investment advisor.

Wishing you success,

Good! Pretty much my thoughts too.
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Nice direct perspective. Thanks
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6Shooter lstrait3n1
@lstrait3n1, Thanks, I'm trying to apply focus to what investors need to know in my analysis and keep away from excessive technical commentary.
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