Over the course of ~6 years, XLM has been trading inside the pattern drawn on the chart. With the price reversing from the bottom support early January, we can make a good case for the idea that the bottom is in.
At the moment, we're likely going to see a long period of accumulation, maybe a year or more. The top resistance will function as the main target for the next bull-run, which could net in some decent long-term gains.
For better readability I've copied the previous bull-run in yellow. This is not my prediction, but merely an indication.
At the moment, we're likely going to see a long period of accumulation, maybe a year or more. The top resistance will function as the main target for the next bull-run, which could net in some decent long-term gains.
For better readability I've copied the previous bull-run in yellow. This is not my prediction, but merely an indication.
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