XLM Coils at $0.18 as Smart Money Takes Sides

XLM is currently trading at $0.18 and has been stuck in a 'coil' compression, where all moving averages are stacked on top of each other.

This technical setup typically doesn't stay quiet for long, indicating that the market is forcing a decision, which will come soon.

The momentum of XLM is flat, with the MACD and signal line sitting on top of each other, while the Stochastic is oversold at 23/%K and 18/%D, historically preceding sharp mean-reversion bounces.

The conflict between a flat MACD and an oversold Stochastic is the entire XLM story right now, making it difficult to predict the next move.