Will Stellar Lumens XLM Break Another Resistance Like It Did In 2020 ???

By moon333 | moon333 | 24 May 2022


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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moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

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