XLM/USDT Technical Analysis – Binance
XLM/USDT has surged +51.78% in the last 24 hours, currently trading at $0.4385. Let’s take a look at the key levels and targets for XLM as it continues its upward movement.
Key Technical Indicators:
EMA(7): $0.3966
EMA(25): $0.3090
EMA(99): $0.2051
24h High: $0.4746 | 24h Low: $0.2857
24h Volume (XLM): 1.91B | 24h Volume (USDT): 751.20M
Three Key Price Targets:
1. $0.47 (Resistance Zone)
The price is approaching the 24h high of $0.4746, a critical resistance level. If XLM breaks above this, it could test the next level at $0.50.
2. $0.44 (Support Zone)
Should the price pull back, the $0.44 region offers a key support level. A bounce here could provide an entry point for buyers looking to continue the uptrend.
3. $0.35 (Lower Support)
In case of further correction, $0.3558 is a strong lower support level. A rebound from this area could set up another bullish move.
Conclusion:
XLM/USDT is showing bullish momentum with resistance at $0.4746 and potential support levels at $0.44 and $0.3558. Traders should watch for a breakout above $0.47 for further upside, while pullbacks to support could provide buying opportunities.
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