XLM is playing in an ascending triangle. Probability is that it will break above it to make a move to .10 cents.
Best to wait for a break up of the apex (in blue) and buy the re-test (green circle).
A good 10%+ trade at hand once this play is active.
Low probability to break-down unless all market has a correction.
XLM is also currently having its annual conference, so any announcement may trigger a spike/pump, more here:
meridian.stellar.org/
Impressive list of speakers. XLM has a very bullish 2021 ahead with USDC being implemented on XLM network and several network updates that will boost adoption for non-tech users.
Best to wait for a break up of the apex (in blue) and buy the re-test (green circle).
A good 10%+ trade at hand once this play is active.
Low probability to break-down unless all market has a correction.
XLM is also currently having its annual conference, so any announcement may trigger a spike/pump, more here:
meridian.stellar.org/
Impressive list of speakers. XLM has a very bullish 2021 ahead with USDC being implemented on XLM network and several network updates that will boost adoption for non-tech users.
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