Tez8

Update XLM Bullish - Target $0.80

Long
COINBASE:XLMUSD   Stellar
SUMMARY : Bullish XLM, caveat we could see a correction in the coming days as Alt Mkt is very heated, especially XLM with recent 100% move in 2 weeks.

June price target $1.70

-- Technical --

MACD 1D showing bullish trend.

Bollinger Bands hitting the top band on daily and weekly - bearish signal

RSI is almost overbought on the daily, we may see further growth but expect a small pull back.


-- Fundamentals --

As it is a similar project in terms of technology compared to Ripple and XRP. Stellar with its currently market cap can 5x in price to match XRP- very bullish.


$$$ Happy Bull Market Alts season is here $$$

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*Not financial advice and is for educational purposes only. Always DYOR.

SO: What do you think, have I got it right? Let me know below.

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