Mujeeb on Farcaster

Content pfp

https://warpcast.com/~/channel/base-pidgin

0 reply

0 recast

0 reaction

Mujeeb pfp

Stellar (XLM) is forming a falling wedge pattern, which could lead to a 30% breakout to $0.445. However, bearish indicators dominate, and key resistance is at $0.3400. Key Levels to Watch: - Resistance: $0.3400 (upper boundary of the descending channel) - Support: $0.3047 (immediate support) and $0.2602 (next major support level) Technical indicators suggest bearish pressure, with the Death Cross and Directional Movement Index (DMI) indicating a lack of buying momentum. However, rising Open Interest and increasing trading volume hint at heightened volatility. Market Sentiment: - Bearish Sentiment: Dominates the derivatives market, with short liquidations outpacing long liquidations. - Funding Rates: Negative, indicating traders are paying to maintain short positions. XLM's price prediction for 2025-2026 suggests a potential increase to $0.42 by March 2025, with a possible return on investment of 33.22%. However, the current bearish sentiment and technical indicators suggest caution.

10 replies

1 recast

8 reactions

S.A Olanrewaju pfp

0 reply

0 recast

0 reaction

Ganiyu Tawakalitu base.eth pfp

Ganiyu Tawakalitu base.eth

0 reply

0 recast

0 reaction

ZaraⓂ️🎭⚡️🎩🔥🥜 pfp

ZaraⓂ️🎭⚡️🎩🔥🥜

Interesting 🥜🥜

0 reply

0 recast

0 reaction

Amara🌳❤️ 🎩🎭⚡️ pfp

Amara🌳❤️ 🎩🎭⚡️

0 reply

0 recast

0 reaction

Moshood🎩🎭 🍖 pfp

Moshood🎩🎭 🍖

0 reply

0 recast

0 reaction

Samuel🎭 pfp

Thank for that information 🥜🥜

0 reply

0 recast

0 reaction

Omolade 🎭 pfp

Take your 🥜🥜

0 reply

0 recast

0 reaction

Awesome pfp

Thank you for sharing this information 🥜🥜

0 reply

0 recast

0 reaction

Mamacita😍☔️ 🎭 pfp

Mamacita😍☔️ 🎭

@beautiful-woman

0 reply

0 recast

0 reaction

Obani 🎭 pfp

0 reply

0 recast

0 reaction