Possible scenarios for XLM next several hours

8 Jan 2021

We seem to be set up for a bearish scenario for a break to the upside if we can get out of the channel before hitting the bottom support around $0.26/$0.25 (My personal prediction). If we can't hold I think we go down to find new support. Seems that we've already broken out of the channel to the up and are retesting support before continuing upward.