XLM Keep Your Eye on the Price
XLM

XLM Keep Your Eye on the Price

By Betsy Malone | 3rd Dog Script | 30 Jun 2020


Hello,

Here are the latest news and updates on Stellar Lumens (XLM).

Latest News

Crypto gems! Keep your eye on the price...  Stellar Lumens could hit $1, or $5 in the future, and the likelihood of a pullback to .04 would present a great entry point. 

Important Partnerships + Price Action

Long Term Outlook

What's possible in the next few months is a clear breakout of the downtrend.  If the price action moves downward to around .04, then an inverted head and shoulders could be forming for a pivot point at that range.  Keep your eye on the price. 

long view

Short Term Outlook

I've highlighted the RSI as a way to gauge the price action for a good entry point.  Notice the bearish divergence and the trend line at the lower region of RSI between 30 and 25.   Keep your eye on the price and the RSI.

short term

Conclusion

Stellar Lumens should be one of the cryptocurrencies on your list for the long term.  If you can catch an entry point on a confirmed trend change, then the upside will have great potential.      

Happy Trading - 3rd Dog

Note: I’m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations.  Always do your own research and consult with a licensed investment professional before investing.  This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.

 


Betsy Malone
Betsy Malone

I'm a writer who produces creative content for the mass media. Founder: 3rd Dog Script. Find me on Twitter @BA777one or TradingView betsy247


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