XLM seems to have found support around the 100 EMA
While the most predictable cup and handle toward the end of January failed to materialise, (partly due to another BTC collapse), XLM is slowly consolidating and rebuilding.
XLM seems to have found support on the 100 EMA, (well, just above it).
Once the RSI goes back up XLM should break out of the channel and return to a possible 0.0005500 or even 0.00005800
The volume is a bit low, but it is a matter of time and trust for it to recover.
XLM seems to have found support on the 100 EMA, (well, just above it).
Once the RSI goes back up XLM should break out of the channel and return to a possible 0.0005500 or even 0.00005800
The volume is a bit low, but it is a matter of time and trust for it to recover.