cnote56

STELLAR still in the bull pattern

Largo
COINBASE:XLMUSD   Stellar
Checking back in with the STELLAR chart, we see the price action is still within our plotted triangle pattern. This token is akin to XRP. As such, I'm expecting this token to pair with any positive news or price action we see affecting XRP and Ripple.
I note there is likely a lot of buying pressure to realize here and liken it to holding a beachball underwater. Once this one gets the selling pressure relief, we should see a parabolic pattern form and many new buyers.

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