Universal Rule of Buying and Selling or Demand and Supply is ALWAYS CORRECT !!! Yes, if Something will be in Big Demand then Its Value rises very high and Vice-Versa. Same is Going with Major ALT-Coins ! Specially with RIPPLE & Stellar Lumens. Today Let's See What can Happen with Stellar Lumens in the Days to come.
1. From the Sudden Price Hike, in recovery period Stellar was making Upward Moving Correction which in 90% of the time signals the further Price Down and It is Doing So.
2. The Channel is also broken and the False Break Out time is also passed, Which Signals Further Price Down upto the First Level upto A section touching the Resistance. Which is almost touched now.
3. If the Price Will Move below A then It must go up to B Section to Satisfy the Structure of Technical Analysis and Support Levels.
This is just Price Prediction, There is No Guarantee it will happen as stated. But My 80% of the Analysis are CORRECT Till Date. So, Lets See what this analysis will say.
All eyes are now on stellar lumens. I did my research as much as I could before buying about 2 weeks ago. You might want to read my post featuring stellar lumens https://steemit.com/coinmarket/@maryfavour/coinmarket-capitalization-breaks-new-record-valued-at-over-usd90-billion-update
Well done, @cworldv99 ! Upvoted your post.
With Thanks Followed YOU to Get Followed !!!
Innovative and smart strategy. Promote my post too. Alright, I'm heading to follow . STEEM ON!
I better wait to buy some more then! :-) sounds like a great buy opportunity! Thanks for analysis!
Another Opportunity To be in for Buying and Holding for Long term Investment...!!! Let's Benefit from IT !!!
Interesting blog. Really appreciate you bring this to our attention. You read this stories about people selling their cars to buy cryptos and I think to myself: Don't invest money you don't have. We do need to look better at the insights of every coin. What team is behind it, is there any management. How strong is the product, is there any product at all? I was wondering if anyone of you uses: https://www.coincheckup.com They seem to give this complete indepth analysis of all cryptocoins. Sorted by team, product, company, advisors, previous investors, etc. See: https://www.coincheckup.com/coins/Stellar Lumens#analysis To watch Stellar Lumens Analysis