(Buy) Stellar Lumens (XLMUSD) Technical Analysis for April 19
Hello Traders,
The daily chart provides a perfect glimpse of Stellar Lumens price action and as you can see, XLM buyers are on top.
Regardless of this strong Stellar buy pressure, proponents are yet to cash out and as long as stochastics remain bullish, that target-$0.40-might be tested today. After $0.40, early buyers can look move their stops to break even and wait for $0.5 if need be.
I originally published this article at NewsBTC under Dalmas Ngetich
The daily chart provides a perfect glimpse of Stellar Lumens price action and as you can see, XLM buyers are on top.
Regardless of this strong Stellar buy pressure, proponents are yet to cash out and as long as stochastics remain bullish, that target-$0.40-might be tested today. After $0.40, early buyers can look move their stops to break even and wait for $0.5 if need be.
I originally published this article at NewsBTC under Dalmas Ngetich