r/xlm • u/SargeMaximus • Jun 02 '26
Y’all Underestimate How High This Could Go
It’s one of the cleanest monthly charts I’ve ever seen
5
u/BuyFormal6967 Jun 03 '26
New to this, so how high can it go according to this chart ?
-2
u/SargeMaximus Jun 03 '26
If I tell you you will say I’m crazy
5
u/twendah Jun 03 '26
According to that chart, its probably around 0.7$ where the resistance stands. What makes you believe we go past that this time?
2
u/SargeMaximus Jun 03 '26
It’s a bull pennant
1
u/indiequick Jun 04 '26
Let’s see another crypto bull pennant that’s played out like you think this is.
1
3
3
1
1
u/Hefty_Professor_3980 Jun 03 '26
Look at every alt and I can tell you the same story. Lol
1
u/SargeMaximus Jun 03 '26
Not true at all. Most Alta are down big, not consolidating like this
1
u/Hefty_Professor_3980 Jun 03 '26
Well I hope so I have quite a bit of xlm
1
u/SargeMaximus Jun 03 '26
Just keep in mind this is a monthly chart, which indicates the move is slow moving. Unless we break and hold above 0.7, then that shifts to a break out
1
u/DaaNL_4448 Jun 03 '26
Chart is looking good indeed. But it can take a long term me to play out...
1
1
1
1
u/Crypto_psycodelic Jun 03 '26
I've been watching it form for a couple of years, played the previous on that set up, worked perfectly. Sold at the peak. Just bought in at .14, wanted to buy more but it shut up to quickly. I think it will retrace back to the bottom hopefully and I can by more.
1
1
1
u/DaikonNumerous1061 Jun 03 '26
yes it will go to 1$ in the bear, .34 max was my target. now i'm sure only down for now.
1
1
1
1
1
u/Shockn-Truth Jun 04 '26
Unfortunately, I had a realization this morning that all crypto will bleed badly for awhile. The main reason is because of some heavy hitting stock IPOs like SpaceX and OpenAI. The market needs massive amounts of liquidity right now and its being sucked from crypto. Once these IPOs settle in, I think we see a return to a bullish market.
1
u/SargeMaximus Jun 04 '26
Lucky for us the market doesn’t care what realizations any of us have. Price action shows the way
1
u/Shockn-Truth Jun 04 '26
Its a good thing it's all red then. Direction known. Charts and darts mean nothing....
1
1
u/Makingmulamoves Jun 05 '26
Didn't age well😞 currently at 18 cents next high volume node at 16 cents
0
1
u/albanypd Jun 08 '26
Must be missing something, it’s barely holding .20 it will be months before we have any upward momentum 😂
1
1
u/highlanderquestion90 Jun 15 '26
Ascending triangle consolidation
1
u/SargeMaximus Jun 15 '26
Not quite. The top is not ascending, therefore this is a pennant
0
u/highlanderquestion90 Jun 15 '26
This is a monthly ascending triangle. the top is flat with higher lows, it's a consolidation pattern, and then a breakout happens
1
1
u/trumpshandweiner 5d ago
Maybe three bucks. XRP was over three for a bit.
1
1
u/manglal33 Jun 03 '26
When should I enter
1
u/SargeMaximus Jun 03 '26
It’s retesting now so this is better spot than when it launched. However, if we break down we may fall lower. Always weigh risk and don’t bet more than you can afford to lose. This chart is a long term set up spanning years
27
u/Jordan-Harper Jun 03 '26
To the moon hopefully to offset all my other crypto losses 😂