Stellar Lumens
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Next target for XLM, last call for short

322
To simplify this chart, I only use line chart at closing.

There was an existing bearish channel as described in my previous analysis. We now developed a descending wedge within this channel. The convergence point is exactly where the next level of support would be - around $0.12

Given the condition of the investment market as a whole, a bullish scenario in the short-term is astronomically impossible.

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