$XLM
XLM/USDT 4-Hour Time Frame Analysis š
Technical Overviewš
1.Trend: Stellar (XLM) has exploded upwards, gaining 53.16%, with a peak at $0.4746. The current price of $0.4333 suggests profit-taking after a parabolic run.
2.Resistance Levels:
ā¢$0.4746: Recent high and the immediate resistance.
ā¢$0.5000: Psychological resistance level to watch.
3.Support Levels:
ā¢$0.3522: Last consolidation area, likely to act as support.
ā¢$0.2105: Stronger base from earlier breakout levels.
4.Indicators:
ā¢RSI: Likely overbought, signaling the need for a correction.
ā¢Volume: A significant surge, reflecting strong interest in the rally.
ā¢EMA: Strong bullish alignment with price far above moving averages.
Bullish Price Predictions šāØ
1.$0.5000: XLM breaks psychological resistance, continuing the rally. šš„
2.$0.6000: Sustained bullish momentum as market confidence grows. šŖš
3.$0.8000: Massive rally driven by ecosystem developments and adoption. šš
4.$1.0000: Stellar crosses the key milestone amid market-wide bullishness. š¤š
5.$1.5000: Explosive move to new heights in an ultra-bullish scenario. ššø
Bearish Price Predictions šš
1.$0.3500: Profit-taking and correction bring XLM to support. ā ļøš
2.$0.3000: Deeper pullback as short-term buyers exit. šš
3.$0.2000: Momentum fades, pushing prices back to previous support. šØš§ļø
4.$0.1500: Bears take control, eroding gains significantly. šš
5.$0.1000: Extreme selling pressure sends XLM back to historical lows. š¢š„
