$XLM reclaims $0.205 this week or I’m wrong. 🚀
Spot is $0.1989 right now and the tape is still bid, up 1.74% on the day with 1.8x normal volume. That’s not nothing.
4h RSI at 62, futures funding positive, and we’re only 11% off the 30d high. Good. But MAs are still chopping, so this is not a clean trend yet.
If bulls can’t push through $0.205 soon, I think this fades back into the range fast. Simple.
Holding or fading this?
#XLM
#Altcoin
#Binance
Spot is $0.1989 right now and the tape is still bid, up 1.74% on the day with 1.8x normal volume. That’s not nothing.
4h RSI at 62, futures funding positive, and we’re only 11% off the 30d high. Good. But MAs are still chopping, so this is not a clean trend yet.
If bulls can’t push through $0.205 soon, I think this fades back into the range fast. Simple.
Holding or fading this?
#XLM
#Altcoin
#Binance