Remember this article. I warned them of a possible price drop due to a bearish triangle pattern.

The bearish pattern that I mentioned previously was completed. Its break at $0.1047 marked a drop to $0.09 as projected.

Chart patterns give us indications of continuity where the main trend is heading. Their breakouts are usually accompanied by price explosions in the direction indicated by the pattern.

Why do these patterns form? Simply because of the behavior of the market, it is usually the repetitive and sentimental compartment of the market in general.

XLM FORECAST IN THE COMING DAYS:

If we look at the past of #XLM on the support we see a zone of price accumulation and it is very likely that it will repeat itself.

As we observed, we see an even stronger correction to $0.075 and then recover in a few days and change its upward direction.

These sharp falls are generated by strong manipulations in the price of large whales. The manipulations have a clear objective, to buy at a lower price, generate a pessimistic feeling in the market and force them to sell.

We are seeing manipulation in the crypto market in general. Those who have positions should hold them and those who wish to enter the market these could be good buying times.

It's been about a year since $XLM touched these prices and who knows if we will have the opportunity to buy at these low prices again. Remember that we are in the year of cryptos.

DO NOT TAKE THIS AS ADVICE. DO NOT INVEST MONEY THAT YOU ARE NOT WILLING TO LOSE. DO NOT INVEST IF YOU HAVE NO TOLERANCE FOR LOSS, BUT YOU WON'T WIN EITHER IF YOU TAKE RISK.