$XLM is shining brightly, trading at 0.2146, up an impressive 48.51% in the last 24 hours! Having reached a 24-hour high of 0.2420, Stellar is showing incredible strength and continues to attract significant buying interest.
Key levels to watch:
Target 1: 0.2250 is a short-term resistance level; breaking it could pave the way for further growth.
Target 2: 0.2500 – a psychological level that is likely to attract a lot of interest from both bulls and bears.
Target 3: 0.2750 – Potential breakout zone for Stellar to mark new highs.
Support areas:
Support 1: 0.2060 is a critical level to maintain the bullish momentum.
Support 2: 0.1900 – pullback zone if the market faces selling pressure.
Market analysts:
MA Trend: $XLM is trading significantly above the 7-day, 25-day and 99-day moving averages, indicating a strong bullish trend.
Volume growth: With over 1.54 billion XLM traded, the market is showing strong interest and momentum.
Next step:
If XLM breaks through 0.2250, expect a continuation to 0.2500 and above. However, watch for a correction to 0.2060 as a potential re-entry point. High volatility ahead – be prepared!
