Take this as you will, i'm pretty noob with my TA.
XLM has broken both it's current upward trendlines and is slowly declining on low volume.
I do wonder if the market is waiting to see what Bitcoin does?
I imagine XLM to test the old 2670 resistance level and then continue upward. If it breaks this level than i think it will move back towards the recent low and maybe lower. Not really certain at this point.
This is not financial advice ;)
XLM has broken both it's current upward trendlines and is slowly declining on low volume.
I do wonder if the market is waiting to see what Bitcoin does?
I imagine XLM to test the old 2670 resistance level and then continue upward. If it breaks this level than i think it will move back towards the recent low and maybe lower. Not really certain at this point.
This is not financial advice ;)
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