Read the success stories of crypto entrepreneurs.

Discussions are fun when we are part of a community.
Login Free Registration

Get 10 AltcoinN Points just by registering on this forums.
EXMO affiliate program


This on-chain indicator suggests XLM could be forming a local top

SourceBlog
#1
While speaking about the Stellar’s current outlook in a tweet, Santiment also explained that the digital asset’s social volume is beginning to flash signs of it forming an overt local top.

The chart they offer indicates that the hype backing this rally may be starting to fade, which could mean that its price will begin retracing from here.

“XLM IS SHOWING A TELLTALE SIGN OF A LOOMING LOCAL TOP. SOCIAL VOLUME HAS EXPLODED TO AN 8-MONTH HIGH. TYPICALLY, WHEN CROWDS HYPE UP AN ASSET TO A MAJOR DEVIATION FROM AVG. ON A RISING PRICE, SHORT/MID-TERM PROFIT TAKING OPPORTUNITIES PRESENT THEMSELVES.”

https://t.me/CryptoMarketTime
Reply