A friend just messaged me: “$XLM has hit a new one-year low. Is it time to buy the dip?”
I replied: “I’m not sure either, but I can share a few things I’m looking at—the trading volume is 1.8 times the 20-day average, so this wasn’t a quiet move; the current price is 0.1328, still below 0.136.
As for the rest, he’ll have to decide based on his own position. What’s your take at this level?”
I replied: “I’m not sure either, but I can share a few things I’m looking at—the trading volume is 1.8 times the 20-day average, so this wasn’t a quiet move; the current price is 0.1328, still below 0.136.
As for the rest, he’ll have to decide based on his own position. What’s your take at this level?”