#Stellar #XLM #XLMBTC #XLMUSDT
The market reached its lowest point in November 2024, followed by the highest volume in a single week of trading activity since the previous market low. In December 2020, XLMBTC hit its lowest point followed by the highest volume ever recorded in a single weekly candle. This confirmed the beginning of a strong bullish cycle.
After the lowest level ever in early November 2024, XLMBTC produced the highest volume in a single week after nearly four years. This was followed by an overall growth of 400%, and all the downward action resulting from that led to higher lows, revealing a bullish market. After a full year of downward action within a broader bullish structure, the market is ready to produce a resumption, a bullish continuation.
This continuity could mean an upward wave is starting now or tomorrow or in the coming weeks. Only the market (insiders) really know when, but the stage has already been set. We definitely just need to be patient.
XLMBTC is good now because the movement has been stable for weeks. There is no downward movement at this stage, which is a bullish sign. Since the upward jump last year is the movement that is being consolidated, when the consolidation period ends, higher prices will come next. Since the consolidation has lasted for more than a year, we can expect a bullish breakout soon; it could be weeks but also just a few days.
The current price range is a support level which means a good entry area. A place to buy and hold. If the movement goes down, buy more or hold for the long term. If the movement goes up, you have a winner; enjoy the profits.
Thank you very much for your continued support.
Namaste.
✅ Trade here on $XLM