XLM - Bounce to new highs from .34 ?

Hello all, I'm a super newbie, just started trading this month.

I think XLM can drop till .37 or .34.

.34 is the bottom of the ascending channel and we could bounce to new highs from there. It can go even lower but I don't think it will.

Let me know what you think. Good luck to all!

Disclaimer: This is not financial advice.