April 29, 2026

XLM/USD Monthly Long term view



XLM/USD Monthly Long term view

XLM/USD COINBASE:XLMUSD
richardli77



As shown on the chart, I am taking this bullish view on XLM and the cryptomarket in general – as you can see on the monthly chart we have just tapped into a monthly order block and rejected from 50% retracement of the candle of the order block. I will take the first month as indecision and this month as bullish confirmation as we go into April – I am seeing some medium term bulls enter back into the crypto space and this trade is more than worth the risk – best case targeting a weekly order block level back in May 2021.
As we are seeing some positive fundamentals for crypto and BTC leading the push upwards – some altcoins could be in for a much needed recovery before the whole market cools off for a year or two.

Good luck!

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XLM/USD Monthly Long term view

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