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Technical analysis by SerenityEquity about Symbol XLM: Buy recommendation (2/1/2025)

https://sahmeto.com/message/3216694
SerenityEquity
SerenityEquity
Rank: 3262
1.9

XLM Long following XRP Structure

:Buy
Price at Publish Time:
$0.4022
Buy،Technical،SerenityEquity

Chart Comparison: XLM vs. XRP On the left side of the chart, we have XLM/USDT, and on the right, we're comparing it with XRP/USDT. Both charts display a very similar structural pattern, with XRP showing a more advanced movement compared to XLM. It appears that XLM is currently lagging behind XRP but is likely to follow suit soon. Given the similarity in price action and market behavior, I anticipate XLM will catch up, and I am expecting a move towards the marked target in the near future. If XLM continues to follow XRP's trajectory, we should see an upward move that aligns with the target zone. Keep an eye on XLM for a potential breakout and move towards the target area marked in the chart.

Source Message: TradingView
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