The green line represents long term support. The red lines represent resistance coming off the peak. XLM continues to break through these resistances.
Additionally, if you look at the places of significant price action, you can see a curved bowl developing....
Additionally, if you look at the places of significant price action, you can see a curved bowl developing....
Comment:
XLM broke the last line that was drawn.... It's likely to retrace to low .50's to test the line as support before moving higher again.
Comment:
Bear market is coming to a close.... A lot of big things from several high level coins to be coming out in Feb. If you just missed loading lumens in the 40's, it's not too late to get some in the low 50's... XLM is holding it's ground.... Buy and hold....