$XLM — The bleeding has stopped.
XLM is down only 0.32% today. After yesterday's drop, this is a welcome change.
The comparison:
· Yesterday: $0.1749
· Today: $0.1747
The numbers:
· Whale buy: 40% (was 18% yesterday — huge improvement!)
· Whale sell: 56% (was 76% — much less selling)
My observation:
The selling has slowed down dramatically. The buying pressure is increasing.
My thought:
XLM might have found its bottom. I'm watching to see if buyers continue to step in.
My move:
I'm considering a long position if the trend continues.
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