📉📈 GN Crypto Analytics: $XLM Price Analysis
XLM buyers appear cautious, with the coin's growth being relatively sluggish. Any downturn in Bitcoin's price significantly affects Stellar's valuation.
XLM's current price hovers near the resistance zone of $0.116–$0.119. Securing a position above this range could propel the coin toward a local high of around $0.122. However, advancing to the $0.124–$0.128 zone seems less likely without considerable buying interest.
The support level to watch is at $0.111, with a buyer order range just below at $0.107–$0.109, where the price might drop in the event of a Bitcoin correction.
