XLM Sitting at Critical Resistance Point - Ready to go up!

2021년 3월 19일

XLM is hovering between a converging EMA 20 and EMA 50. When it breaks through one of these you will see your buy or sell signal. Through EMA20 and the first target is ~$0.50 and a possible moon back to above $0.60. Through EMA50 and stoploss at $0.38 as this could signal a drop even to EMA100 with strong support at $0.33.

Wavetrend and Madrid vector have shown bearish divergence but have now hit oversold territory so I think upwards is next.

Risk/reward ratio = 3.84