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Stellar Lumens Price Analysis: SEPTEMBER 27, 2018 |

Stellar Lumens Price Analysis

It appears likely that Stellar Foundation is keen on implementing Lightning Network (LN). LN is scaling solution and it’s in their road map. Since they have been unwavering with releases and hitting milestones, many expect them to launch LN on December 1.

On a weekly basis, Stellar Lumens prices are up 24 percent but still, XLM is struggling with sellers. However, as visible from the chart, XLM sellers are finding floors at 25 cents, the break out level. Like most coins, the last three days bear candlesticks are all characterized by long lower wicks.

Distinctively, prices are also trading inside Sep 23 high low cementing our bullish projection. Nevertheless, we suggest holding off trading until after prices are back above 25 cents. Thereafter, traders can ramp up with stops at 22 cents in line with prior Stella Lumens price analysis.


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