Did you know? XLM support level at $0.3851: A key breakout point for potential rebounds
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Stellar fell to $0.3728, but the support level at $0.39 suggests explosive rebound targets of $0.6396 and $0.8278.
The price has dropped 8.28% in the last 24 hours and 10.36% over the past week. Although there have been short-term losses, analysts believe that this cryptocurrency is approaching the key support level of $0.3851, which could pave the way for a strong rebound.
As recent analysis has pointed out, this support area has historically attracted buyer interest. The suggested upside targets are $0.6396 and $0.8278, which would provide significant growth potential if the price successfully reverses the current downward trend.
Maintaining the level of $0.3851 is crucial for any bullish recovery.
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