Its so good to see XLM perform! I remember getting into this asset at $.09!! Now look at it! It's like watching your small child grow into a bigger small child.
Looks like our predictions turned out correct, by simply relying on the bull market and sticking to the fundamentals of math (Fib).
Time to readjust.
We beat our timeline on when we would reach the .702...then we passed the .786...and now the 1!!
I think it's safe to say that we now have a new support at $.40.
I'm going to keep an eye out for the full Fibonacci extension, as we are still early in the bull market and XLM has not really gone parabolic (see ADA).
It will have its time. Especially with the Ukrainian government announcing they will use XLM for their stable coin. And with the rumors of the US planning on using the XLM infrastructure to adopt USDC, I think XLM is going to be a hot topic just before XRP takes off. As I'm sure you are aware, XLM and XRP move in tandem most of the time. Hell, they even act the same, AND their president is a former Ripple executive.
There is reason for everything.
Soon, I will start a new XLM analysis. no more double Fib popping up in your timeline 😂.
Hold. Reinvest the take we had at $.40 on the dip. Standby for the major bull market.