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