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

Huge ascending triangle, bull dream if it goes up, bear dream if it goes down.

Commentaire:

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!

Commentaire:

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.