XLM long, breakout is coming
XLM is about to finish it's correction and breakout. Reasons to go long:
1) XLM has been on the correction after bull run for a week and now it finds the support on the lower bound of the old channel.
2) RSI bullish divergence on 1H, plus RSI broke the weekly resistance.
3) Volume spiked several times with heavy candles.
XLM is a fundamentally strong coin with huge volumes (#11 on the crypto) and if the market goes up, it will definitely follow.
TP1: 1014
TP2: 1073
1) XLM has been on the correction after bull run for a week and now it finds the support on the lower bound of the old channel.
2) RSI bullish divergence on 1H, plus RSI broke the weekly resistance.
3) Volume spiked several times with heavy candles.
XLM is a fundamentally strong coin with huge volumes (#11 on the crypto) and if the market goes up, it will definitely follow.
TP1: 1014
TP2: 1073
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