By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, November 5th, the XLM keeps growing, trading at $0.0811. Looking at the XLM tech analysis data, in the long run, we will see the cryptocurrency still on its peak. However, on H4 there is an uptrend developing after a convergence on the MACD. For now, this growth should be understood as a correction in a descending phase. The aim of the correction is at the resistance level of the main channel — $0.1075. Further growth is also confirmed by a breakaway of the upper border of the short-term channel, which means
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