XLM consolidating before a big move up!?

In my previous analysis (linked) I spoke about the importance of the 880sats Weekly Support which represents the top of XLM's previous accumulation zone. Price is testing this Support for a 3rd time now, if this level continues to hold and a bullish candle is formed it would confirm a Higher Low on the HTFs. This would be very similar to what occurred on the 703sats Weekly Support just before the most recent move up. Are we about to see a bullish run to test the next Weekly Resistance of 1628sats or will the 880sats level be lost?

Kommentera:

Weekly Support of 880sats lost, price likely headed for the next Weekly Support of 703sats.