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Technical analysis by ParabolicP about Symbol XLM: Buy recommendation (5/2/2025)

https://sahmeto.com/message/3471805

ParabolicP

Rank: 34350

Analytical Power:

1.2

Can Xlm break the channel and revisit highs?

:Buy

Price at Publish Time:

$0.27574

Profit Target:

(+92.21%)$0.53

Stop Loss Price:

(-2.08%)$0.27

Buy،Technical،ParabolicP

Xlm has been in correction mode for a while now and appears to be breaking out of its channel. A break out could send Xlm to 0.53.

Source Message: TradingView