Stellar Lumens about to break out above the 0.040 resistance level!

in #stellar • 7 years ago (edited)

Stellar Lumens XLM is ready for a break out according to the charts. We have been seeing a strong resistance at the 0.040 level and as we speak the price is breaking through this resistance line( 0.042 ). I believe Stellar Lumens is following the rally we have seen with Ripple XRP 's phenomenal growth. In fact these two currencies are competing for a similar space within the global inter-banking transaction tech.
Maybe Ripple is to gold , what Stellar is to silver ? What do you think?

Proof in point here is the chart of Stellar :
Screen Shot 2017-05-15 at 5.50.05 PM.png

And here is Ripple XRP to compare it with.
Screen Shot 2017-05-15 at 5.53.46 PM.png

I am not a professional trader and i do not offer investments advice! I am rather an intuitive chart reader, with no financial background, just visual poetry in the form of graphs!

Posted by @quantumevolution

#ripple #break #out #news
7 years ago in #stellar by
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