trentrehnquist

XLM BROKE OUT OF THE DESCENDING CHANNEL

Long
KRAKEN:XLMUSD   Lumen
XLM broke out of the descending channel and will now go up or go through a period of consolidation. Watch the volume! XLM has been on a steady climb of $.10 increments with consolidation in recent weeks. I think XLM is due a breakout but will have to pick up momentum and volume. XLM has a lot going for it. Watch it closely. Like ADA and ALGO and other under priced cryptocurrencies for their value, XLM is overdue after a long period of much needed consolidation. After a one year run from $0.04 to $0.69, the consolidation period was necessary. I think XLM has validated its rise the past month and its still way underpriced. In the next month XLM should be fun to watch.
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