XLM has been on a continuous downtrend for approximately 530 days. As we can see, it is currently moving within a descending price channel .
I think we all know what important level it is currently sitting on :) Yes, you guessed right; The Golden Fibonacci Ratio
At the time of writing, my bias is still bearish . However, you can count on me to keep this special project under my radar when it starts forming bullish market structure. 🥰
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