Today's Hot Topics

Stellar Lumens (XLM) Faces Strong Rejection At Support Turned Resistance

Stellar (XLM) has faced a strong rejection once again at the previous support turned resistance. The price has already faced rejections more than three times revisiting this level. This goes on to show that the price may have a hard time moving in with the rest of the market as long as this level is not breached. This is a difficult situation for XLM/USD considering it recently experienced an aggressive sell off which made it perhaps the only coin to have stooped to a new low in 2019. Most of the cryptocurrencies are still significantly above their December, 2018 low...

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Is Stellar Lumens (XLM) The Next Big Thing?

Stellar (XLM) is often seen a Ripple (XRP) competitor that wants to cut the middle man and enable people to become in charge of their own finances. While Ripple (XRP) empowers the banks and helps maintain the status quo, Stellar (XLM) wants to empower the end user and challenge the status quo. It is not hard to see that ultimately, Stellar (XLM) or a project like it which actually empowers the end user will come out on top because that is where we are eventually headed. However, we are still a long way from there and thus it is no...

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Stellar Lumens (XLM) Poised For Swift Recovery After Prolonged Sell-Off

Stellar (XLM) has been through one of the most brutal corrections in this market since the beginning of this year. It is one of the few cryptocurrencies that has now plunged below its December, 2018 lows while trading inside a falling wedge. This may be alarming for mainstream investors who give in to emotions and short term sentiments instead of fundamentals and technical analysis. However, professional traders who understand the people, product and process behind Stellar (XLM) see this as an opportunity to accumulate. This is why XLM/USD has remained firmly inside the falling wedge and not broken below it...

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Stellar (XLM) Remains On The Verge Of A Major Rally Despite Recent Sell-Off

Stellar Lumens (XLM) has been the face of negative news and criticism over the past few weeks that saw its price tank aggressively to new lows. In fact, XLM/USD was one of the few cryptocurrencies pairs to fall below the December lows during the recent sell off. This extraordinary decline in Stellar (XLM) seems to have been accelerated by insider selling. When reports regarding Stellar Development Fund selling its own tokens on popular exchange, Kraken began to surface, investors were quick to react and sold their tokens so quickly that the price tanked below a critical support before it could...

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Stellar (XLM) Accumulation Continues Before The Next Big Move

Stellar (XLM) has been through an extensive market correction just like most other cryptocurrencies but it has held its ground against Bitcoin (BTC). In fact, the weekly chart for XLM/BTC shows that the price just entered a consolidation phase during the bear market. When this prolonged accumulation comes to fruition, we could see the Stellar (XLM) rise astronomically in price against Bitcoin (BTC). Stellar (XRP) went through a similar accumulation pattern before it broke out during the last few month of 2017. This consolidation also appears to be part of a giant bull flag that could shoot up towards a...

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