Stellar Cash Price Analysis: XLM/USD Waiting for a Big Break

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Stellar has formed lower highs and higher lows to consolidate inside a symmetrical triangle pattern visible on its 1-hour chart. The price is testing support and might be due for another bounce to the top.


A breakout might soon be in order, though, as the price is approaching the peak of the triangle formation. A candle closing below 0.13 could set off a drop that’s the same size as the formation, which spans 0.11 to 0.17. Similarly, a break past the 0.14 resistance could trigger a rally of…



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