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XLM Uptrend : Coinbase Addition & Mainnet Listing

Market Sentiment is growing Hour on Hour in favour of XLM at the potential of a Coinbase Listing this thursday and the lightening Mainnet on December 1st. Nouvive and Nouvive Intelligence sees the potential of a 31% Move up over the next 3 Weeks.

What does Nouvive Intelligence Say? 

  • The Coinbase Addition is MORE THAN LIKELY to occur this week - especially on Thursday where historically it happens on.
  • The lightening Mainnet is for the 1st of December 2018.
  • The run up of both the coinbase and main net listing will see a pump that could power XLM over $0.35 - A 31% increase in value.

What does the Technical Analysis say? 

  • $0.27 is the current support area to look out for - despite the increase in value - it has not breached this level yet - especially since Bitcoin over the weekend had poor momentum.
  • The RSI Stochastic and the 15 MA illustrates that there is bearish momentum - however this is sharply disagreed by the Fundamental Driver news.
  • The 1D higher time frame illustrates that a dump was rejected with the 55 and 90 MA’s crossing over - this could definitely see xlm HIT $0.30
  • The lower time frames are bearish with the $0.271 volume gap needing to be filled. .
  • Wyckoff’s theory illustrates that having broken out of its bullish triangle pennant, before re-testing the 15MA - this is a bullish cooling off period - before it retests $0.30.

Levels to Watch out for: 

  • $0.305 - 1st Take Profit
  • $0.2743 - Support area
  • $0.351 Take Profit 2
  • $0.46 - Take Profit 3
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