#XLM/USDT Ready to Soar!$XLM/USDT Long Setup
Pattern: XLM is forming a bullish pennant pattern after a strong upward move, with consolidation narrowing between support and resistance. The 200 EMA is acting as dynamic support, suggesting bullish momentum.
Entry Range: Current price ($0.4896). Entries can be considered between $0.4800 and $0.5000.
Targets:
T1: $0.6400
T2: $0.8000
T3: $0.9400
Stop Loss (SL): Place a stop loss below the pennant's lower boundary at $0.4520 to reduce risk.
DYOR, NFA
Xlmusdtradeplan
Stellar Lumens - A Hidden OpportunityStellar Lumens - A Hidden Opportunity
I cover the chart first and then some positive fundamental's and tokenomics.
The LSE:XLM Chart
I located and plotted trigger points, boundaries and of course a time structure.
There is a clear bull/bear time pattern. Open the chart and see the months and see how they move in similar increments both by month and by number for Bull and Decline periods.
Three positive price action triggers are marked on the chart and are confirmed by the following:
1. Break above 10 Month SMA, combined with
2. Confirmed MACD Cross, combined with
3. Both occurring in the bull pattern time window
All three have just occurred as of July 2023. IN ADDITION
4. This time we have broken above the POC, and
5. We have broken out of the OBV resistance line.
All of the above is extremely bullish for Stellar Lumens XLM for the long term.
The risk/return is ideal as a price just under the bottom of the ascending triangle can act as a stop loss for you and the upper end can act as a first main point to take profit.
Undesirables:
- If we close a weekly candle outside of ascending Triangle, Exit trade.
- If we fall below the POC or 10MSMA, reduce position size or hold off until this happens and increase position size.
This chart is another fine example of how timeframes can help us structure a trade. Please note that this is a long term 12 - 18 month trade minimum. You could be exiting at any stage over those months depending on the trigger events mentioned above, ideally closing the majority of the position at the first trigger point 0.60c (lock in your stake and some profit). Furthermore, you have to be able to withstand the volatility within the ascending triangle without capitulating your position. There is currently some room to the downside but a lot more to the upside, you need to be prepared for both.
Positive XLM fundamentals:
Stellar is already being onboarded as a potentially compliant global payments system:
Stellar (XLM) like Ripple Labs (XRP) is intending to be a layer 2 international global payments remittances provider and enabler, albeit while Ripple Labs is targeting big business and institutional networks/transactions, Stellar has an incredibly varied pipeline from on/off ramps, asset tokenisation, moneygram conversion and access, and much more. Stellar appears to be targeting the developer, the retailer, the consumer, the international payments community in their transfers/remittances, and the unbanked. The Stellar Blockchain is a decentralized consensus protocol making it very quick and very efficient with a distributed ledger updating globally every 2 to 5 seconds.
ISO 20022 is an International Organization for Standardization (ISO) standard for exchanging electronic messages on payments data between financial institutions. They set the international payment standards through the likes of the SWIFT system and for the likes of CITI Bank, HSBC, J.P Morgan and Deutsch Bank.
Currently cryptocurrency’s that are ISO Compliant or in the process of becoming compliant include Ripple CRYPTOCAP:XRP , Xinfin Network TSX:XCD , Algorand EURONEXT:ALGO , IOTA and Stellar Lumens $XLM.
Why is this so important? Well because ISO compliant payment networks will be the most likely to be called upon for the distribution or enablement of Central Bank Digital Currencies (CBDC’s) and other secondary payment protocols.
Private Partnership from the likes Ripple & Stellar will likely be called upon to develop, enable and distribute a new CBDC:
We are aware that most governments are in the process of developing CBDC’s and cannot complete this task without private partnerships.
For example as early as 2019 the Official Monetary and Financial Institutions Forum (OMFIF) outlined the following observations:
“Practically, the operation of a CBDC is likely to rely on some sort of public-private partnership. Central banks could outsource the distribution of the CBDC to private financial institutions, which could also be involved in the onboarding of users”
“most central bank respondents suggested they would outsource many of the public facing tasks involved in CBDC management to third parties.”
“Some central banks noted that certain functions – such as ‘onboarding and overlay services’, or the actual distribution of the currency itself – could be ‘outsourced’ to private sector participants.”
“Among respondents, 64% said ‘intermediation’ functions, such as customer onboarding, which could be ‘outsourced’ to private sector participants, would be important in CBDC implementation”
In more recent news the Bank for International Settlements (BIS) AKA the Bank for Central Banks published a report based on surveys and data collection called “Making Headway”, they advised that:
o 86 central banks took part in the survey (including the largest)
o 15 CBDC’s would be up and operational by the end of the decade 👀
o Confirmed that Central Banks can hold up to 2% of their balance sheet in cryptocurrencies from the January 2025.
Considering the BIS is usually very anti crypto this news is significant.
Positive Tokenomics Vs competitor XRP:
XLM is currently 21st largest cryptocurrency in the world with a market cap of €3.4 billion.
XRP by comparison has a market cap of $27.8 billion and is ranked 5th, thus XRP would have a harder time of it in terms of multiplying its larger market cap and price.
In November 2019, the overall XLM supply was reduced. Now there are about 50 billion lumens, total, in existence, and no more lumens will be created.
So XLM has a max token supply of 50 billion whilst XRP has a max supply of 100 billion making it a more price dilutable token than XLM. At present XLM have released 51% of their 50 billion max token supply to the market whilst XRP have released 50% of their 100 billion tokens - 52.9 billion tokens (equating to number greater than the full supply available in XLM). XLM’s price will be greater impacted by demand than XRP due to the lower max token supply, smaller market cap and the fact no more new Lumens can be created, it is a fixed supply.
The more participants that join the network and use the network the less Stellar Lumens are available thus creating a demand. From Jan 2020 to present Stellar Lumen accounts have increased from about 4.2 million to 6.7 million. In the same period total transactions increased from <250,000 to almost 1 million.
All in this 12 – 18 month trade comes with a lot of positive upside and limited downside. XLM has a reasonable fundamental narrative backing it that could make it central to future payment networks and the XLM tokenomics provide a lot more upside potential than those of its close competitor Ripple (XRP). I am a fan of both offerings however it seems reasonable to have an XLM position if you have an XRP one. Maybe we can be the X-Army and support one another…. Maybe “X” will use both for its payment platform. One can dream. Please have a look at my XPR chart which is similar to the this XLM one, you may find that beneficial too.
Hope all of the above helps frame XLM in your minds eye and also provides you with a structure for an XLM trade.
PUKA
Stellar XLM price entered the procurement zoneIf you believe in the bright future of the Stellar project and want to buy XLM, then we have good news for you.
The XLMUSDT price came to the liquidity zone of $0.65-0.85 in which it is justified to place "buy orders with a grid".
It seems that in general, the XLMUSD price is approaching the end of the falling trend
And purely theoretically, a good potential for growth will open
Here is 3 months ago, we painted and showed the trade history of Stellar for 8 years, who is interested, welcome:
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XLM: Expecting good bounce after the breakout!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
BUY XLM/USDT ON SPOT
XLM is making this falling wedge pattern
If you average- use below 5x
Entry range:-$0.093to $0.1
Target:- 50%
SL:- If any candle close below the lower support of this wedge pattern
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
XLM/USDT is Potential To pump %100Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as an
#xlm making this falling wedge pattern.
ENTRY- $1.7 - $1.8
TARGET- 110%
SL- If it breaks and closes below the $1.65
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
$XLM is bullish but not short term.There are two possible scenarios green and red paths.
0.6562 would become a support or resistance.
If it resist a cup and handle pattern would be possible otherwise a breakout and retest will occur with higher high.
The possibility of a resistance is more because of high funding rates.
Just an possible idea.
XLM : Stellar Lumens: Its do or die you lil stalling S*^T; v34XLM : Stellar Lumens: Its do or die you lil stalling S*^T; v34
Its do or die. This has been dragged out enough.
Might be best to buy this one on the dip after we hit the recent ATH.
This has been stretched out a bit; like its taking longer this time i'd say but still intact. it was a bit confusing as that first pump (circled pa area) wasn't as intense this time (prob because stellar is losing weight to other tokens lately), so was harder to see until recently.
Targets are all on there. I'll be bagging up soon, NOT NOW, I expect XLM will lag even further on this coming pump, then boom once everyone sells into the whales.
BUT IM PLAYING THEIR GAME BIT*&Es
gl
XLM/USD Analysprice is fighting with really hard and strong resistance area and till now price has spent 50-60 days with this
i think finally price can break out this area and than we can expect a good pump or sth like that.
two situation can be happen i show both of them for you
but if the bullish trend line break down every thing will be cancel.
i will be happy to know your idea, comment.
XLM/USDT : Bullish flag on 4H TF BITBAY:XLMUSDT
Hello everyone 😃
XLM had a breakout from last ATH's resistance.
Now it's formed a Bullish flag here.
We expect a rejection from flag at 1st but major target is 0.8$
📍 There's 2 buy zone, 1st at support line and 2nd will be above flag after breakout.
🔴 MACD is being Bearish, So any candle closes below 0.5$ will change direction !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
@Helical_Trades
XLM is a sleeping volcanoXLL has been appreciated by the Ukrainian government, this is just the beginning, because stellar is an excellent blockchain technology and is observed by other countries, therefore 2021 will be a key year for the XLM price. Currently, the price is very low, so I recommend LONG
XLM/USDT : EMA 100 is controlling movement BINANCE:XLMUSDT
Hello everyone 😃
XLM has been supported by EMA 100 on 1H TF, But Indicators are slightly being Bearish.
As XLM is Above This EMA100 It's Extremely Bullish, Below it, It will retest 0.124$ support line.
For Now 0.152$ is main target. Below 0.124$ will makes XLM Bearish till 0.95$ Trendline support !
🔴 As BTC is growing, ALTS will recover from losses. BUT IF BTC fail to break incoming Resistance zone ( 32400$ - 32750$ ), ALTs will crash hardly.
📍 There is a chance for Another incoming Wick, Watch for it.
Attention : this is not a financial advise we just try to help people on their own vision.
HAVE A GOOD DAY
- Helical_Trades
XLM About To Out Perform XRP!?! (Here's How)Welcome everyone,
My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life.
Let's Talk About XLM /USD...
XLM is providing a great example that many Elliott traders take a long time to understand and that is how wave structures can mold into other counts and how to be able to determine which count is most probable and how to setup a trade on it.
Notice that in the short term the size of the wave structures lead perfectly to a 1:1 extension that prints the red ABC as the most likely scenario. In the short term all 3 counts have a high probability of moving together to at least hit that target of .27 cents. We just got a perfect test of .145 at the .382 fib retracement for a 4th wave. Looking good. What happens thereafter is what I call the Y (turning point). Due to the amount of other trade styles that take part in the market we will determine at this price point whether there is more buy interest or sell interest.
This offers us the opportunity to wait for the market to tell us what it wants to do and because of the Fibonacci relationships we can relate to each wave structure we can have high probability invalidation levels that warn us of a market structure break or the likelihood of one count performing over another. For example, the blue count needs to get squeezed up with a 5th wave that is of equal length to wave 1. If price fails to do this and pulls back too deeply then we invalidate the count and look for the green count to offer the next support and opportunity for the bulls to take us higher. We only want the green count to pull back to previous wave 1 support or the .382 fib retracement, so if it goes deeper than that then we have a high probability that the red ABC was the appropriate count and we're connecting to the downside.
DOES XLM Have More Potential Than XRP?
XLM can outperform XRP if it prints a 1,2,1,2 count which would follow closer to the Green wave structure identified in this chart. So it's definitely possible, but the key thing to take away in my opinion is the crucial reaction we are soon to see at .27 cents for XLM .
I hope you enjoyed this analysis and if you'd like to stay up to date and get notifications of how this count unfolds and what we can learn from it then make sure to follow me on tradingview here and I'll keep you all posted. in the meantime check out my other assets and counts I'm following such as the ADA count below that has some upside potential as well. Want a hedge short? check out the LINK count.
XLMUSDT - good sell zonepreconditions:
- cross the level.
- impulse return to the level.
- increased ATR
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade