With BTC on the rise, it's time to look at potential long opportunities in the market. A couple of hours ago, XLM broke out of a bearish channel. This break out could be the signal that a bottom has been found and the direction has shifted from down to up.
When trading alts, keep a close eye on BTC, since they will follow BTC's lead.
Potential long term target would be the 0.40 area.