Stellar Lumens (XLM)
Updated: 12/8/2017 at 12:28 AM – PST
Prediction: We predict that XLM will continue its upward trend for the next 12-24 hours as Bitcoin starts to slow down its momentum. It seems like XLM is closely following the opposite of Bitcoin, so if you see a large fall of Bitcoin, one could assume XLM will increase much faster.
24 Hour Price: 850 to 950 Satoshis ($0.14)
Suggestion: If you are confident in XLM in the long run, now would be a good time to purchase some more.
Current Position: Bullish – Target is to buy before 900 XLM
Technical Analysis: The biggest resistance for XLM will be getting past 950 again. The below analysis is based on the assumption that Bitcoin will not rise as rapidly and will slowly stabilize over the next 24 hours. Overall XLM looks bullish based on what we have seen the past few hours.