CryptoCurrencyAlerts

XLM Retracement Complete? Key Fib Level Hit

COINBASE:XLMUSD   Stellar
XLM has retraced nicely down to the 0.7 ranges on the FIB.

However with decreasing volume it will be tough to see if it will expect a move up or not.

MACD is starting to look more bullish with an uptick on the histogram but still not enough confirmations on the RSI yet.

We are waiting to see if more confirmations are going to come through and a trend holds. Waiting to see what happens to XRP too as it can follow that too.

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