quantguy

Stellar Lumens Finds Support

BITTREX:XLMUSD   Stellar Lumens
Stellar Lumens has faltered but seems to be finding footing at a Fibonacci level at $0.43. This roughly corresponds with the lower bound of the KRI, which now sits at $0.42 or so. Other cryptos have cratered through the lower bound of this indicator so the fact that XLM is holding above it is encouraging. We still have a way to go before testing the central moving average of the KRI at $0.60 or the next Fibonacci level at $0.68.

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