ZOGRAS

XLM / BTC analytics update

BINANCE:XLMBTC   Stellar / Bitcoin
The movements of the asset are cyclical. Now we are observing the 4th fall this year. This is due not to a decrease in interest in the coin, but to the fact that large buyers are waiting for appearing the minimum rate.
The fall October 15 was also used as a good opportunity to open long positions, the trade volume increased by 3 times, most of them are purchases.
The zone of entry is 0.00003380-0.00003450. Most likely, the price will consolidate and there is a chance to go down to the 0.00003180-0.00003210, an order can be placed in this zone. We expect a strong upward movement.

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