XLM has been forming a huge bullish triangle over the last 4 weeks. Currently, the price is on the verge of breaking out of said triangle.
The current ATH is located just under 70 cents. My take is, in case this resistance gets taken out, that XLM will see a strong rise in the near future. Potential long term target for this break out would be $1.
Happy trading!
The current ATH is located just under 70 cents. My take is, in case this resistance gets taken out, that XLM will see a strong rise in the near future. Potential long term target for this break out would be $1.
Happy trading!
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