XLMBTC: Stellar Lumens Strong Potential

in #lumens • 7 years ago

XLM volume picked up on news today (IBM banking initative cooperation), so let's have a look at the chart:

It is currently in oversold territory according to RSI , but that does not mean it can't keep going higher on this newfound momentum.

There is resistance around 1000 satoshis, but if this is broken through, the next level to look for is around 1650 sat. This would be a nice level to take some profits, but it may keep going to around 2450 or even touch or pass the all time high of around 3000 satoshis.

Remember: profit is profit.

Link:
https://www.tradingview.com/chart/XLMBTC/Aq6ygsBQ-XLMBTC-Stellar-Lumens-Strong-Potential/

#chart #xlmbtc #cryptocurrency #analysis
7 years ago in #lumens by
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