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Stellar (XLM) Cryptocurrency Price Prediction, Forecast, and Technical Analysis - Sept 2nd, 2021



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Sell stop idea from August 30th remains open and active, as well as 1/4th of the remain long position from July 26th. If you're wondering why Stellar seems to have some difficulty moving higher, I take a look at the 3-week chart. Holy cow it is a metric crap-ton of resistance. Between the $.40 and $.50 zone is the 3-week Tenkan-Sen, Kijun-Sen, Senkou Span B along with the 2021 VPOC. Once Stellar does break above this resistance, new all-time highs won't be an issue.

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Trade-Ideas

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Sell Stop @ 3-box Reversal

($0.30 at time of recording)

Stop Loss @ 3-box Reversal

Profit Target @ $0.10

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Dollar-Cost Average

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Buy Limit @ $0.2454

Buy Limit @ $0.1676

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