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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 MACD is ULTRA BULLISH.
  • 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
Nouvive: Home of Crypto Beginners, Traders & Investors. Nouvive provides Cryptocurrency trading news, Analysis and indicators for beginners, traders and investors.

Information on these pages contain speculative statements that involves risks and uncertainties. Crypto-Assets profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell. Nouvive does not in any way guarantee that this information is free from mistakes, errors or material misstatements. It does also not guarantee that this information is of a timely nature. Crypto-Assets involve risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing or trading are your responsibility alone. For more information, please view the Risk Warning Below.

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