XLM has yet again moved towards it's massive 2-month area of support. This area has now caused around 8 bounces, but will it cause another one?
In my view, with BTC falling and stocks selling off, there's a high probability that XLM's support area will be broken in the near future. Wait for a daily close below the support area to confirm the bearish bias.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.