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Author Topic: Is XLM ready to breakout?  (Read 400 times)
Lasky366 (OP)
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July 24, 2020, 04:54:10 PM
 #1




Well let me talk little bit $XLM

$XLM's Ascending Channel is established, and now coin is retesting the Pivot Point resistance. In case there is a confirmed breakout, we can consider entering the coin.

Let's see how this journey goes..
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July 24, 2020, 07:36:46 PM
 #2

XLM has already disappointed investors in more than one occasions and trust me I am one of the well wisher for XLM and I have invested into XLM when its value was half of what it's trading now and I have earned good amount of profit with this coin but post first quarter of 2018 everything came to halt and then there has been very little occasional short lived momentum. I hope this one lasts longer and acts as a breaking out for XLM to get back to top ten coins once again.


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July 24, 2020, 11:14:14 PM
 #3

Very good entry from here to 900 sats - this is establishing a HL and is going to rocket.
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July 25, 2020, 04:00:03 PM
 #4

Nice catch I saw that channel as well . It looks like ready to pop up anytime soon, it is only moving to slow lately and i used to check xlm chart everyday to find some good entries.

I don't know why XLM is the only coin that has not been pumped hardly, most of the solid altcoins have a crazy pump today. After i saw the pattern of inverse head and shoulders i jump in on it and buy deciding to hold it for weeks or monts.
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July 25, 2020, 04:35:57 PM
 #5

Very good entry from here to 900 sats - this is establishing a HL and is going to rocket.
If you entered from that price, you are in profit today.

The price of it as of now is 1022 sats. You're lucky to get in at that price but I'm guessing that you'll be waiting for a little bit higher price before selling.

XLM won't be late to the price rally and ranking, goes into no. 14.

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July 25, 2020, 05:43:41 PM
 #6

Very precise analysis! I appreciate your performance, but unfortunately I still hold other coins,
can you make an analysis of Waves? it seems like many people talk about it

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July 28, 2020, 01:42:33 PM
 #7

I think if you have insider information with regards to what the project is planning to do and if that plan is going to be widespread I think it’s safe to say that it’s going to be bullish about it. But if we are talking about on your chart, I think the best way that we know what will happen is staying on that range between those support lines and not breaking them. I think it’s best to risk what we can afford to lose for sure.

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July 28, 2020, 03:40:30 PM
 #8

Nope, didn't find a thing that could boost to its market volume and keep the rise into a long-term momentum. I was holding that coin last 2017 but a tragic deep fall of the entire market after the Bullrun will seemingly not to see this coin coming back to rise again. And I don't believe that XLM can do its breakout this time unless if we are in the bullish market again (but something hopeless to see it).

And read how the expert has this few insight towards XLM https://capital.com/stellar-xlm-price-prediction-2020
Let see how it performs,



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July 28, 2020, 04:07:43 PM
 #9

It can break either side even you should also consider break downwards in xlm/btc pair because of the expected big bull run especially in bitcoin so traders do need to keep this in mind while for xlm/usdt pair we can easily expect bulls for mid to long term.

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July 28, 2020, 04:10:07 PM
 #10

it seems that it's still not ready to breakout, because the dominance of Bitcoin is also still high,
but the chart is quite interesting, I still monitor XLM, if breakout i will enter XLM and hold
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July 29, 2020, 08:49:53 PM
 #11

Well I don't know is it ready or not, I just know that I am waiting that for some time (read years)! And I am adding more from time to time, it will hit $1 one day, if I am lucky and I will cash out nice profit! Maybe I will have to wait a lot for that to happen, but who cares, I have time! I don't trade with it, I am too busy for that, it's one of my coins that sits and waits for the future to come!

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July 31, 2020, 02:31:38 PM
 #12

I don't know much about XLM, but if XLM is ready to break out to the high price, I think I will prepare my coins to sell at my target price. I will have my time to analyze more to find the time to enter the market. As the price now still at a low price, I think it will need more days to see the price will start the rally, but it is worth waiting for a while. But I don't know how high the price can increase because every high price can reach if the pump comes.

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