$XLM - I'm holding it on the spot with an insane potential!
Stellar has the same formation as $XRP in the long-term view.
Given Ripple's recent win, I can't pass by these two similar projects so they are both in my long-term portfolio. I have to say that I have an even split of funds between these two coins.
So what about the XLM chart? Let's consider it from the technical analysis point of view:
We can see that globally the price is forming a similar triangle formation as on the XRP chart.
Since the past local low was put in the $0.07 area, I put a conditional cancel zone for this scenario beyond that level. I mean $0.067 to be exact.
In any case, even if the structure breaks and the price goes below my level, I will still continue to hold $XLM because it corresponds to my long-term plans.
My first potential profit-taking zone will be $0.154, but I will continue to hold the main volume up to the level of $0.79-$1.
The most important thing I want to convey is to pay huge attention to your risk management and strategy. Without systematic work and a clear plan, you will not be able to stay on the market for long.
You can literally plan your investments in such a way that your long-term investments will override your short-term speculative ones by simply holding them for the long haul.
Statistically, the most profitable investments are “buy and forget” investments. That's exactly the case. We won't be back here for a while.
What about you? Do you hold more XLM or XRP?
#Ripple💰 #Stellar