Man, the digital currency Stellar (XLM) is in a complicated ballroom dance! 💃🕺 How is it breaking patterns to rise, but not taking off big? There lies the mystery!
Look, Stellar (XLM) is inching up a bit, but not with the explosiveness you expect. On one hand, we have the sellers with a huge arsenal: there is a record of over one billion XLM ready to be sold on exchanges! 📈💰 It's like trying to climb a hill, but with every step you take, someone throws a stone at you. That's the selling pressure holding it back from flying.
But, watch out!, the buyers haven't given up. The indicator that measures money flow (the Money Flow Index) shows that there is still fresh capital coming into XLM. That is, there are people buying and betting on it, preventing it from falling apart. 📉🛡️ It's a pulse, a titanic battle between those who want to sell and those who want to buy.
What does the near future tell us? 🔮 On the price chart, XLM is in an "ascending triangle," which is like a trampoline ready for a jump. If it manages to break the barrier of $0.47, hold on tight! It could be the beginning of a significant rise, because many sellers would be forced to close their positions, and that could create a cascading effect that drives the price up. 🔥🚀
But if it falls below $0.43, that trampoline breaks and the party is over. The bullish structure would be at risk and we could see a correction.
In summary: Stellar is at a critical point, on the edge of a knife. Its future depends on who wins this battle of supply and demand. Will it be the sellers looking to profit, or the buyers who believe in the potential of this coin? $XLM
