2018-7-29 07:58 |
It opened at 0.00002553 in 2018 and as of this writing, it is up by over 40%.
This development can be jarring to market participants, especially after the pair recently pierced resistance of 0.00004.
It appears that this pullback is a setup for a big comeback.
Technical analysis show that Stellar/Bitcoin is creating a large symmetrical triangle pattern on the daily chart.
Daily Chart of Stellar/Bitcoin on Binance
As of this writing, the XLM/BTC pair is trading at 0.00003683 on Binance.
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