Key Highlights:

Further Downtrend movement may be experienced;
there is a possibility of the price bounces from the support of $0.21;
traders should be discipline in order to make green pips.

XLM/USD Long-term Trend: Ranging
Supply levels: $0.30, $0.35, $0.45
Demand levels: $0.24, $0.21, $0.18XLM/USD still consolidated last week in its long-term outlook. After a bearish run to the demand level of $0.24, bulls interrupted further downward movement, this was confirmed with the formation of a pin bar and a bullish candle as the bulls made a gradual return.
The daily opening candle on the daily chart

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