Stellar (XLM): Breaking Barriers, What's Next? š
XLM has shattered the $0.3524 resistance level and is now trading at $0.428, confirming a breakout from the falling wedge pattern on the 4H chart. This breakout aligns with bullish signals, fueling optimism for further gains.
Current Highlights:
š Current Price: $0.428
š Next Targets: $0.46 and $0.63 (potential for more upside!)
Bullish Indicators in Play:
ā MACD: Bullish crossover confirmed, indicating rising momentum.
ā RSI: Recovering strongly, now above oversold levels, signaling increased buying pressure.
Whatās Next for XLM?
Above $0.46: A move toward $0.63 could be in sight, representing significant upside potential.
Failure to sustain above $0.42: Could lead to consolidation near $0.40 before the next leg up.
š” Key Takeaway: XLMās breakout is a textbook move, but staying above $0.42 is crucial for sustained momentum. Bulls are eyeing higher levels, so traders should watch these key zones for further action.
Whatās your target for XLM? Drop your predictions below!
