Stellar XLMXLM above each cycle trend line bottom
The Stellar Development Foundation is still working on many updates and supply just reached half 57%. There is a reason why Stellar Foundation would want to push the price to another cycle higher.
XLMUSD.P trade ideas
XLM Analysis | Key Levels on Weekly TFOn the weekly timeframe, a "falling wedge" pattern has formed, which is typically a bullish reversal pattern. The price is consolidating within this figure. The current situation, along with the weakening selling pressure during this consolidation phase, suggests that a bullish reversal may be imminent. A successful breakout above the upper boundary, particularly if accompanied by increasing buying volume, could propel the price towards the target range of $0.21 - $0.24. However, if the price fails to break above the resistance zone and sustain above the $0.24 level on the weekly timeframe, it may face a retest of the support level at $0.10 - $0.071. This could lead to the formation of a new lower low, potentially revisiting levels last seen in March 2020.
🔴 Key Resistance Levels: $0.21 - $0.24
🟢 Key Support Levels: $0.10 - $0.071
❕ Always remember the golden rule of investing: never risk more than you can afford to lose. Trade carefully and wisely, and may each of your transactions be successful !
MONTLY BULL FLAG....stellar big montly consolidation for trades long term , hope big investors saving money in stellar lumens big news soon will explode this one to incredible levels
XLM in weekly chart Hello
Sometimes I really prefer to simplify my chart, especially in those ones that are more complex. What is so critical in this chart (same as XRP) is a long time consolidation that is in progress yet and I guess we might see last correction for this beautiful project before it starts a massive rally.
Very very important notice:
I must re-mention that this market is young and there are much more manipulations than the other market, and it means that it might be possible some of my and other ideas become failed, and this I request you to just invest in this market and replace your trading strategies to high liquid markets, so you can rely on Mass Psychology more confidently and be protected from emotional and intentional manipulations.
If you want to see how dangerous are these markets for trade (specifically in small timeframes), there just need to put a Market sell/buy position (with 10k USD for example) in this chart or any other charts with low liquidity, in minutes timeframe, and then you will be surprised (small whale feeling ;)))))
But if you invest, then you become happy in any rise and much more happier in any correction.
Just try it once.
Thanks
Broken Support?XLM keeps on getting raped for now. XLM has another hour to close above the orange support, otherwise it may be the new resistance to deal will. So far XLM has been getting crushed by every single resistance level and everyone keeps on posting bullish ideas to spread hopium without paying attention to all the supports being broken. We all want XLM to form a real reversals and give us a bull run but so far it’s getting s***t on by the bears really bad.
More RejectionI’m trying very hard to be bullish on XLM, but it’s just rejecting every level. If it does not manage to break out from this trend line we will soon be back at 0.10 and even lower levels if we close below the 0.10 mark.
XLMUSD: Sitting Just Below The All-Time 0.886 RetraceXLM is trading just below the all-time Linear-Scale 0.886 Fibonacci Retrace after Bullishly breaking out of a Falling Wedge in what seems to be a part of a much bigger Cup with Handle pattern that can be seen in the Log Scale chart. If the Full Logarithmic Target is reached we will see XLM make a move towards $23.35 in the near future which aligns with both the measured move of the Cup with Handle and the 1.618-1.902 Fibonacci Extension Zone.
HOPIUMThe scenario i have drawn with the arrow is extremely optimistic, but i think my triangle is legitimate as they come. if we can touch the top of the triangle then 40 cents is the new support level. as of now everything and every price is acting as resistance, hence one of the most undervalued assets in this cycle.
Current Trends for XLMAfter we pass the last Friday of the month we bull so Saturday the 27th will be retail Monday will be traditional market for BTC which will drive up the market.
Just for FunXLM market cap would have to climb up to over 1 trillion dollars for the price to reach over 50 dollars. XLM is not going to these prices anytime soon (maybe 15-20 yrs later). it's just that a 161.8 % of the super wave 1 gives an estimate of 53 dollars and these parallel trend lines align with each other so perfectly that makes it look like it is a possibility for this cycle. in my optimistic opinion XLM can do 17-19 dollars this cycle, but if we want to stick the what the reality has been for the past 5-6 years, people would be happy even if it manages to barely go above 1 dollar. it is an interesting chart to study, but do not bet money on it hitting the highest trendline.
Stellar To The Moon!!Big partnerships, 1oo's of projects/ lots of speculation....lets get stackin and holdin
10X from what ever the price is at the time of the BTC halvingThis is a conservative educated guess, there are several different factors such as circulating supply and if stellar is selling coins going into the parabolic phase. XLM was surprised due to the XRP lawsuit and now we have clarity in the United States. We have found support in the in the 0.13 range which is a support XLM has never hit before the halving.
The chart shows the first halving while XLM is on the open market (BTC's second halving) July 9th, 2016 and 8-9 months after a 45x in the price from the price at the halving to market peek.
BTC's third halving is XLM's second time with the halving is May 11th, 2020, the XRP lawsuit started Dec 2020 which slowed all the X coins. 8 months after the halving XLM did a 10X.
There is a horizontal line, that just shows where we are based on previous market cycle, I took the tops of both and drew a line between them and then placed it on our current month and it shows where we were right before 2020.
As we get closer to the halving the 7/8 months prior we usually trend up with no parabolic runs until after the halving. March 2024 BTC halving is now 8 months away and we enter our slow uptrend.
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I'm starting to realize this is all a lot like gardening, may times you plant bulbs and trees for what they produce in the future and not instant gratification. Plant fruit trees that will produce fruit in 4/5 years, perennials that don't come in at there full potential for 3 years. If you can buy and hold you might also like to garden to release some stress. Peace and blessing to all! - KILOZ ONE
Patterns built within the XLM charting structure mechanism.There are some very interesting patterns emerging within the XLM charting structure, which seem to be indicating a move to around .40 - .45 cents in the coming bull-run!
Good luck, and always use a stop-loss!
XLMUSD may drop really hard, best wait for retest of supportHuge ascending triangle, bull dream if it goes up, bear dream if it goes down.
XLM has been inside of this channel for a whileI've been tracking XLM for a while, realized its been in this channel for a while. It obviously dipped below it and bounced back up to it several times. I was hoping for a $0.30 XLM by the halving but that's not happening. The logic is most projects will do a 10x 18 months after the halving that would give us $1 XLM but if tokenization takes off as rumors say Blackrock is working with Stellar we will see greater gains. XLM has dropped down in to the 30 range of top coins which is good because we have room to grow, obviously the top 10 are almost blue chip coins it means safer with less gains.
The only coin worth looking at with great potential is DOT and they have a cross chain with XLM which can bring value to both chains.
My theory is based on XLM's peek from May 21st, 2021.
1,000,000 XLM @ last peek price is $800,000 | today's price $110,000
500,000 XLM @ last peek price is $400,000 | today's price $55,000
300,000 XLM @ last peek price is $240,000 | today's price $33,000
150,000 XLM @ last peek price is $120,000 | today's price $16,000
75,000 XLM @ last peel price is $ 60,000 | today's price $8,250
XLM points of interest Good support into the year. We could see heightened demand as crypto currencies continues its upward momentum. There has been no confirmed signal of downtrend.
CCI : 120 since posting. Usually a sign of demand.
RSI : Sitting at 49. Above 50 usually means there are more buyers than sellers.
And as always, stay vigilant. Set your stop losses accordingly.
XLM daily outlookFrom a technical analysis viewpoint there are a couple of things to note.
1: Elevated RSI
2: CCI showing signs of recovery and confidence.
And lastly....
3: Where are the sellers?
There is a positive outlook on stellar short term and long term.
🌟 Stellar Lumens (XLMUSD) - A Stellar Opportunity Beckons! 🚀Are you ready for a cosmic journey with Stellar Lumens (XLM)? Dive into a universe where data isn't just numbers, but the keys to unlocking potential good profits! 🌌
Current Market Overview:
Recent data highlights a dip in Stellar’s supply to 105,390,795,497.27 XLM. From a technical perspective, this contraction in supply can be a precursor to price increases as market demand starts outstripping available supply.
Big Data Insights into Stellar:
Supply Dynamics: The current supply is notably lower than the historical average, which often triggers a bullish sentiment among traders who anticipate scarcity-driven price jumps.
On-Chain Metrics Analysis: On-chain data shows a downtrend in activity, which paradoxically aligns with previous setups before significant price rallies. This apparent contradiction often signals savvy investors to position themselves ahead of potential uptrends.
Based on past patterns, this could very well be the calm before a significant price surge. Prepare for potential uplift as we've observed a median increase of 43.21% in Stellar's price following similar conditions in the past. 📊
Latest News Insights:
Optimistic Regulatory Developments: A new wave of optimism surrounds XLM as discussions on regulatory fronts show positive signs. This evolving sentiment can play a pivotal role in boosting investor confidence and catalyzing upward price movements. Catch the full story here.
Community and Tech Advancements: Stellar continues to enhance its network capabilities, focusing on cross-border payments. Such technological strides and community-driven developments are key to its long-term viability and market strength.
Why Stellar Now? 🌠
With tightening supply and favorable on-chain metrics paired with positive market sentiment and ongoing technological enhancements, XLM presents an interesting investment opportunity. Historical data and current market conditions suggest a bullish outlook, making now an ideal time to consider a long position. 🚀
Trade Mechanics:
1. Entry Point: Today! Stellar's current market dynamics suggest a tightening market.
2. Targets:
1 Week: $0.1139
2 Weeks: $0.1182
1 Month: $0.1336
3 Months: Shoot for the stars at $0.1627 🌟
Take Profit: Secure gains at $0.1587 .
Stop Loss: Safeguard your investment at $0.0869 .
What Makes This Trade Galactic?
Historically Solid: With documented instances of similar conditions, Stellar's setup shows a high success rate for gains.
Risk-Reward Ratio: Attractive with minimal drawdowns and significant potential upsides.
Conclusion:
The cosmos is aligning for Stellar, and the market indicators, enhanced by positive news and robust community activities, suggest a stellar journey ahead. Join me in this lucrative voyage through the financial universe with Stellar Lumens! Let’s navigate this opportunity together and potentially reap the rewards that the cosmos has to offer. 🌠
$XLM looks to repeat 2016-2017 price action?Look at the price action of 2016-17 and look at the current price action.
I just wanted to highlight the main points of correlation.
The trend lines are clones from the 2016 price action and fit well into the current price action.
The fractal is what the price action could be if it follows the pattern of 2016-17.
First major move top target is 1.8-2.8
Second major move top target is 18-28
The previous two cycles in XLM had major moves only after the bitcoin halving. Could this time be different?
If the time frames are to coincide with the 2016-17 price action, we should see the first top in 4 days, so that is by, April 17th.
I'm indifferent whether it happens or not, I'm just grateful to notice the similarities in the price action and be able to share this with the world.
19 Dollars a PieceIn the past 6-8 months every time I have published a bullish idea about XLM price has crashed vehemently with no shame in contradiction to all my ideas. So when you see an XLM idea on TradingView by me, it is in itself a signal to run away from this mad dog. On the other hand, I still think this scenario will play out. The price will not hit the highest trend line, but it will hit the one below it considering the target of the cup and handle is around 17-20 dollars a piece. Regardless of the outcome, I really think my trend lines are pretty and relevant to the price action all the way from 2014 up to now.
Crash Buy!!!! $50!!Everything is crashing I don't know why I am just buying!! The whole year of chains gone in a one day!! Buy! Buy! Buy!!!!!
Another look at the XLM chart.The current XLM chart leaves plenty of room available for major gains over the next 6 months to a year. XLM generally runs with XRP.
Good luck, and always use a stop-loss!
