It’s possible that this is just setting up for another leg down, however with Bitcoin being weird, it’s not impossible for alts to Start another uptrend. Weird news from Tesla , Elon, JPM , and other institutions, plus with the Federal Government (US) potentially implementing massive Capital Gains taxes, it wouldn’t be a surprise that people (holders/whales) make a move to make money before those taxes are implemented. Ironically, several other alts look nearly identical to this chart. ANKR being one I’m keeping a very close eye on. It was up to .17 today, and looks primed for a move higher. Keep a look out and happy trading.
XLM Potential trend reversal.
- by admin