XLM's recent price consolidation around the .29XX area appears to be headed toward the proverbial launchpad or a nasty trapdoor today.
On the upside, we run into resistance at .3103 and then .324. If XLM breaks the 1 Fib Extension, look for a surge up to the .35/.36 area.
On the downside, if XLM breaks below the .382 Fib Extension of .284, HODLr’s may get another opportunity to buy in the .26XX range.
On the upside, we run into resistance at .3103 and then .324. If XLM breaks the 1 Fib Extension, look for a surge up to the .35/.36 area.
On the downside, if XLM breaks below the .382 Fib Extension of .284, HODLr’s may get another opportunity to buy in the .26XX range.