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Technical analysis by Stoic-Trader about Symbol XLM on 4/26/2025

https://sahmeto.com/message/3451663
Stoic-Trader
Stoic-Trader
Rank: 26679
0.8
،Technical،Stoic-Trader

Stellar´s descending wedge (in green), which began last November, has been broken to the upside.Next up is 0.31 resistance (gray zone). If this resistance breaks, a higher high will be made and we´ll be back in bullish mode.The only caveat is the last of RSI divergence on the low, which statistically is more commonly present before a reversal.

Translated from: English
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Signal Type: Neutral
Time Frame:
1 day
Price at Publish Time:
$0.2903
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