After breaking down a down channel, XLM is still struggling to break out the resistance, that was previously working as a support of the channel. On weekly and monthly time frames, RSI and Stochastic oscillators are showing historical oversold values. On daily there is a hidden bearish divergence flashed, therefore, XLM needs to set another higher than the previous high on the daily time frame. For more details, you can watch the video.
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Will Stellar Lumens XLM Break Another Resistance Like It Did In 2020 ???
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