Price has been rejected from the resistance area and is forming a small pennant pattern. A breakout from this pattern will determine the next move. We are looking for new buy opportunities only if the price can close above the resistance area.
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XLM Analysis:
Price has been rejected from the resistance area and is forming a small pennant pattern. A breakout from this pattern will determine the next move. We are looking for new buy opportunities only if the price can close above the resistance area.
Resistance Area: $0.3000-$0.3100
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