Technical analysis by CryptoAnalystSignal about Symbol XLM: Buy recommendation (10/3/2024)

#XLMThe price is moving in a descending channel on the 1-hour frame and is holding it tightly and is about to break out to the upsideWe have a bounce from the lower limit of the channel at 0.0900We have a bearish trend of the RSI that is about to break out, which supports the upsideWe have a trend to stabilize above the 100 moving averageEntry price 0.900First target 0.0920Second target 0.0988Third target 0.1031