$XLM
Stellar (XLM) Regains $13 Billion Market Cap with 16% Gain in 24 Hours
Ichimoku Cloud and recent golden cross confirm bullish momentum; XLM must hold $0.41 support or risk 27% correction to $0.31.
Stellar (XLM) price surged more than 16% in the past 24 hours, recovering $13 billion in market cap and showing strong bullish momentum. Technical indicators, including the RSI, Ichimoku Cloud, and EMA lines, suggest that XLM is poised for further upside but faces potential resistance ahead.
The RSI remains in the overbought zone, highlighting increased buying activity, while the recent Golden Cross and Ichimoku setup suggest continued bullish momentum. Key levels such as the $0.47 resistance and $0.41 support will play a significant role in determining whether XLM continues its rally or faces a sharp correction.