Stellar Coin (XLM): Possible Breakdown From Bullish Channel
2025-01-25
Category: None

Stellar Coins seems like it might break the bullish channel during the weekends. 

We see the selling pressure that is happening currently so we are waiting for further confirmations where sellers need to take full control over 200EMA, which then would result in a move to that yellowish zone.

Now if we see any signs of buying volume near the current zone and we form a BoS on smaller timeframes near $0.4475, then we will most probably continue the movement in the bullish channel, but for now this is just a future possible scenario; markets are still too weak for now!

Swallow Team 