Stellar Lumens, Bitcoin Gold, FTX Token Price Analysis: 16 November

bitcoinschannel.com

Stellar Lumens formed a symmetrical triangle pattern (white), broke out strongly to the upside, and pushed past its resistance level at $0.082. However, XLM was unable to flip the level of resistance to support and the price was pushed back towards the support at $0.079.

This healthy buyer interest in the short-term could push the price upwards, past its resistance, leading to a breakout to the upside of the rectangle. This month, FTT has defended the support at $3.34 strongly and moved upwards to claim the level of resistance at $3.66 as support.

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