Stellar Lumens
Mis à jour

XLMUSD may drop really hard, best wait for retest of support

794
Huge ascending triangle, bull dream if it goes up, bear dream if it goes down.
Note
The RSI has broken the trendline, losing momentum. If this week closes around current price or lower, it could go down to 0.05-0.07, depending on how hard the rest of the market goes, I think. 0.003 is super super far-fetched, but you never know with crypto.
If it found support around 0.07, it would be likely to see a 10X bounce to test around 0.76 again though!
snapshot
Note
The monthly gives another picture. Perhaps that support around 0.07 is possible. The descending triangle of RSI is bullish, so a breakout upwards (after the downside suggested in the weekly chart) suggest quite a big room for price increase.
snapshot

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.