Stellar (XLM) Lumen
Technical and fundamental analysis overview of Stellar (XLM).
Stellar is a payment technology built upon the Ripple protocol, but it has changed a lot since its inception. Unlike Ripple, Stellar aims to work with developing markets instead of banking systems and other well-established financial institutes. The asset has quickly gained popularity and the trust of investors. Now, this coin is among the top largest cryptocurrencies in the world by market capitalization.
Recently, Visa has bought out the Plaid financial platform and in the process thrown down the gauntlet to its peers, Ripple and Stellar Lumens in particular.
As for Stellar Lumens, it has a big share of the rapid payment sector and must be enviously eyeing Visa’s latest acquisition and calculating what to do to counter it. Recently, it was discovered that Lightnet, a Thai tech-based start-up with big ambitions is seeking to take the place of SWIFT and get crowned as the top international payment system on the market. Lightnet has since raised a significant $31.2 million and will use this to craft a software solution inspired by the blockchain utilized by Stellar Lumens.
Technically, I see cicles and now we are in bottom. If the price continues its move northwards and breaks above 0.00000910, a rally to 0.00002900 is likely in the midterm. Conversely, if the price fails to sustain above 0.00000500, the pair will turn negative with its next strong support zone near 0.00000250.
However, XLM’s RSI In W1 chart looks bullish
Local Support Levels: 0.00000610, 0.00000570
Resistance Levels: 0.00000910, 0.00001250, 0.00001540, 0.00002100
Target Level: 0.00003000
Market Cap: $1 149 259 613 USD
Volume (24h): $1 474 114 504 USD
Circulating Supply: 66 682 072 191 XLM
Best regards EXCAVO
Technical and fundamental analysis overview of Stellar (XLM).
Stellar is a payment technology built upon the Ripple protocol, but it has changed a lot since its inception. Unlike Ripple, Stellar aims to work with developing markets instead of banking systems and other well-established financial institutes. The asset has quickly gained popularity and the trust of investors. Now, this coin is among the top largest cryptocurrencies in the world by market capitalization.
Recently, Visa has bought out the Plaid financial platform and in the process thrown down the gauntlet to its peers, Ripple and Stellar Lumens in particular.
As for Stellar Lumens, it has a big share of the rapid payment sector and must be enviously eyeing Visa’s latest acquisition and calculating what to do to counter it. Recently, it was discovered that Lightnet, a Thai tech-based start-up with big ambitions is seeking to take the place of SWIFT and get crowned as the top international payment system on the market. Lightnet has since raised a significant $31.2 million and will use this to craft a software solution inspired by the blockchain utilized by Stellar Lumens.
Technically, I see cicles and now we are in bottom. If the price continues its move northwards and breaks above 0.00000910, a rally to 0.00002900 is likely in the midterm. Conversely, if the price fails to sustain above 0.00000500, the pair will turn negative with its next strong support zone near 0.00000250.
However, XLM’s RSI In W1 chart looks bullish
Local Support Levels: 0.00000610, 0.00000570
Resistance Levels: 0.00000910, 0.00001250, 0.00001540, 0.00002100
Target Level: 0.00003000
Market Cap: $1 149 259 613 USD
Volume (24h): $1 474 114 504 USD
Circulating Supply: 66 682 072 191 XLM
Best regards EXCAVO
노트
bitunix.com/register?vipCode=Ri1J7239
trading-tournaments.com/tournaments
Free analysis→ t.me/+Qm96gDz3qdyNOs8t
Indicators → excavo.com/
Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
trading-tournaments.com/tournaments
Free analysis→ t.me/+Qm96gDz3qdyNOs8t
Indicators → excavo.com/
Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
bitunix.com/register?vipCode=Ri1J7239
trading-tournaments.com/tournaments
Free analysis→ t.me/+Qm96gDz3qdyNOs8t
Indicators → excavo.com/
Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
trading-tournaments.com/tournaments
Free analysis→ t.me/+Qm96gDz3qdyNOs8t
Indicators → excavo.com/
Strategies t.me/ExcavoPulseBot
🎓 → t.me/EXCAVOREFF_bot
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.