XLM/USD - Another attempt at resistance. PAMP to follow? 🤗

XLM is getting ready to try another break of the resistance at 42 cents.

If this is successful, XLM can enter a nice rally to take us much higher and hopefully back towards the all time high at $0.92.

The lower timeframe indicators are bullish and a retest is imminent, if that translates into bullishness on higher timeframes like daily, then XLM can run!

XLM has also formed a nice ascending triangle in blue which is a bullish formation most of the time, particularly in a bullish market. :)

Bias --- BULLISH. :D

We should break away from this triangle eventually. Stay tuned!

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