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Technical analysis by Dangermousebanana about Symbol XLM: Buy recommendation (11/18/2024)

https://sahmeto.com/message/2995210
Dangermousebanana
Dangermousebanana
Rank: 4641
1.8
Buy،Technical،Dangermousebanana

1 I am bullish both XRP and XLM2 Both currencies make out 65% of my entire portfolio.3 I have 40% XRP and only 20% XLMHowever, I guess XLM Stellar could massively outperform XRP in the future.XRP just happened to break out from an important multi year resistance this pas week !So I am wildly bullish on XRP.However the ratio betwen XRP and XLM suggests that XLM will be the winner in the near term.The OVER PERFORMANCE will be at least by a factor of 2.However, chart (inverse Head and Shoulder) is suggesting that XLM will be more valueable than XRP in the long term.XLM has had a beautiful run lately. However XRP has taken the lead in these last hours. Ratio wise we are observing a backtest of the breakout point. Soon XLM will start ouperforming XRP again. XLM outperformance has bullish implications for both assets. The real run hasn't even started yet. Most people will sell too soon in this bull run, because their past sufferings cast a shadow on their expectations.

Translated from: English
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Signal Type: Buy
Time Frame:
1 month
Price at Publish Time:
$0.23816
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