Stellar Lumens (XLM) Technical Analysis: Coinbase Listing Looming, Lightning Network Expected Soon, Bulls Continue to Rally

Cryptovest

Published Nov 21, 2018 12:22PM ET

Updated Nov 21, 2018 01:41PM ET

Stellar Lumens (XLM) Technical Analysis: Coinbase Listing Looming, Lightning Network Expected Soon, Bulls Continue to Rally

Stellar Lumens continues to perform strongly in the current market, up 3% against BTC despite the crypto market sliding by a further $16 billion today. Right now, the asset has found good support at the 4,400 Sats level, giving bullish traders an opportunity to recharge before retesting the earlier high at 4,700 Sats. The highly anticipated listing of XLM on Coinbase appears to be keeping bullish confidence high following the announcement that came out back in official roadmap .

Will XLM be able to carry this promising momentum through the week and knock Bitcoin Cash off the #4 spot on Coinmarketcap? Let’s find out.

Stellar Lumens has been tracking well inside a narrow uptrending channel (b...


This article appeared first on Cryptovest