XLM/BTC is looking for continuation. Stellar just broke the weekly resistance at +- 1000 Sats. As long as this level holds I expect an continuation to the upside.
Entry :
1069 – 1248 Sats (Accumulation)
Exit :
1st Target : 1894 Sats
2nd Target : 2830 Sats
3rd Target : 3863 Sats
Right now XLM/BTC is ranging in a sideways range where support is at +-1000 Sats and resistance at 1250 Sats. I expect we continue to move sideways and soon break the 1250 Satoshi level. When breaking this level it should hold support.
XLM is a mid-cap alt-coin which most of the time follows Ethereum price action. Ethereum has seen a major rally, normally we are seeing the mid-caps alts follow suit.
