Stellar Lumens has been trading within a specific range since mid-January. However, in the past 48 hours, it has broken out of this range in a significant manner. This has resulted in a shift in the bias of XLM from bearish at the range highs to strongly bullish.

Stellar Lumens (XLM) has regained its momentum and surged impressively by 15.00% over the past three days. This cryptocurrency has experienced a significant surge, surpassing the $0.1000 resistance level. If it manages to hold the $0.0980 support zone and the trendline support, XLM could gain even more bullish momentum.

After a prolonged period of hovering around the resistance levels of $0.0900 and $0.0950, the asset's price has finally surged above them. In fact, the coin price has now surpassed the resistance level of $0.1000 and the upper boundary of the descending channel, indicating a consistent upward trend.The bulls have pushed the price even higher, breaking above the $0.1050 barrier. Also, the price has breached and retested the significant resistance level of $0.1100.

Currently, there is a notable increase in bearish activity near the resistance level of $0.1100, resulting in a price high of $0.1074. However, the price has since dipped below the $0.1000 level and hit a low of approximately $0.0996. Despite this, the price remains above the $0.1000 level and the 50-hour simple moving average.

XLM is currently encountering a substantial resistance level at $0.1080, with the next significant hurdle at the $0.1120 level. Nevertheless, if the price manages to surpass this level, it has the potential to reach the $0.1170 level, resulting in further gains and propelling the price towards the $0.1300 level or even $0.1400 in the upcoming days.

If #XLM fails to break through the $0.1080 level, it will look for support at the $0.1000 level first. The next important support level is at $0.0950. In the short term, significant losses might bring the price towards $0.0900. If the decline persists, it may potentially reach $0.0820 in the coming days.

KEY LEVELS :

RESISTANCE LEVEL : $0.1080-$0.1120

SUPPORT LEVEL : $0.1000-$0.09600

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

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The price of Stellar Lumens is currently trading above $0.0820 against the US Dollar, much like Bitcoin. In order for XLM to continue its upward trend, it must maintain its position above the $0.084 support level.

Following a period of consolidation above the $0.0745 level, Stellar Lumens has experienced a renewed surge in value against the US Dollar. The XLM/USD pair has successfully broken through the $0.080 resistance zone, signaling a shift towards a more positive market outlook.

The price of the asset has successfully surpassed the resistance level of $0.0820, resulting in a steady upward trend. The bulls have been able to push the price even further, breaking through the $0.0850 barrier level. Additionally, the price has exceeded the resistance levels of $27,500 and $28,000, indicating a strong bullish trend. 

However, the bears are currently active near the $0.0900 resistance level, which has resulted in the price reaching a high of $0.08920. Despite this, the price is still trading above the $0.0850 level and the 50-hour simple moving average. 

#XLM is encountering a barrier at the $0.0892 mark, This level is close to the 61.8% Fib retracement point of the primary decline from the $0.0981 peak to the $0.0744 low. Additionally, a crucial contracting triangle is forming, with resistance at $0.0890 on the 4-hour chart. The next significant obstacle is at the $0.0900 level. If the price surpasses this level, it could potentially reach the $0.0932 level. Further gains could propel the price towards the $0.1000 level or even $0.1020 in the upcoming days.

If XLM fails to surpass the $0.0900 barrier, it will encounter initial support near the $0.0865 level. The next significant support level is at $0.0840, followed by the main support zone at $0.0820. Further losses could potentially drive the price towards the $0.0800 level in the short term, and if it continues to decline, it may even retest $0.0750 in the coming days.

KEY LEVELS :

RESISTANCE LEVEL : $0.0910-$0.0950

SUPPORT LEVEL : $0.0850-$0.0820

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

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Stellar Lumens(XLM) has regained its momentum and surged impressively by 10.40% today. Stellar Lumens has experienced a significant surge, surpassing the $0.0900 resistance level. If it manages to clear the $0.1000 resistance zone, XLM could gain bullish momentum.

After a period of consolidation above the $0.0900 level, Stellar Lumens has recently experienced a significant surge in value against the US Dollar. The XLM/USD pair has successfully broken through the $0.090 resistance zone, signalling a shift towards a more optimistic market outlook.

After a prolonged period of hovering around the $0.0860 and $0.0900 resistance levels, the price of the asset finally surged above them. The coin price has surged past the resistance level of $0.0900, indicating a consistent upward trend. The bulls have propelled the price even higher, shattering the $0.0960 barrier level. Furthermore, the price has surpassed and retested the significant resistance of $0.1000. 

At present, the bears are exhibiting a significant amount of activity near the resistance level of $0.1000, which has caused the price to reach a high of $0.0998. However, the price has since dropped below the $0.0960-$0.0950 level and formed a low near $0.09390. Despite this, the price is still trading above the $0.0940 level and the 21-hour simple moving average.

#XLM is currently facing a significant resistance level at $0.0970, with the next significant obstacle at the $0.1000 level. However, if the price manages to surpass this level, it could potentially reach the $0.1060 level, leading to further gains and propelling the price towards the $0.1170 level or even $0.1300 in the upcoming days. 

If XLM fails to surpass the $0.1000 barrier, it will face initial support near the $0.0930 level. The next significant support level is at $0.0900. In the short term, further losses could potentially drive the price towards the $0.0850 level. If the decline continues, it may even retest $0.0830 in the coming days.

KEY LEVELS :

RESISTANCE LEVEL : $0.1000-$0.1060

SUPPORT LEVEL : $0.0900-$0.0850

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

#crypto2023 #coingabbar #BTC

Similar to Bitcoin, the Stellar Lumen price is trading above $0.0800 per US dollar. XLM must maintain above the $0.0850 resistance level for more gains.

Stellar Lumens price is currently trading above $0.0800 against the US Dollar, much like Bitcoin. In order for the #XLM price to continue to rise, it must remain above the $0.0800 support level. 

Fortunately, after establishing a solid foundation above the $0.0750 level, the Stellar Lumens price has begun to climb once again against the US Dollar. The XLM/USD pair has successfully broken through the $0.0780 resistance zone, allowing it to enter a positive zone. 

The price has successfully surpassed the $0.0800 resistance and the 21-hour simple moving average, indicating a bullish trend. Additionally, a significant bearish trend line with resistance near $0.0805 was broken on the 4-hour chart. The bulls have managed to push the price above the 23.6% Fibonacci retracement level of the downward move from the $0.0981 swing high to $0.0744 low. As a result, the price is currently trading above the $0.080 level and the 50-hour simple moving average.

According to #priceanalysis , XLM is encountering some resistance at the $0.0840 and $0.0845 levels, which is a positive sign. The next significant obstacle is at the $0.0860 level, which is close to the 50% Fib retracement level of the downward movement from the $0.0981 swing high to the $0.0744 low. If the price can break through the $0.0865 level, it could potentially surge towards the $0.0920 level. Further gains could even push the price towards the $0.1000 level or possibly even $0.1020 in the near future.

There is an initial support level on the downside that can be found between $0.0790 and $0.07800. Following this, the next significant support level is located at $0.0750. The primary support level is situated at the $0.0720 zone. If the price continues to decline, it may reach the $0.0685 level in the near future. If the price falls below this level, it could even retest the $0.0650 mark.

KEY LEVELS :

RESISTANCE LEVEL : $0.0830-$0.0860

SUPPORT LEVEL : $0.0780-$0.0750

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Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. However, it's crucial to do your own research #dyor and assess the risks involved before investing in any market.

Stellar Lumens is currently experiencing a price resistance of approximately $0.0900 against the US Dollar, similar to Bitcoin. To sustain its upward trajectory, #XLM must maintain its position above the critical support level of $0.084.

After a period of consolidation above the $0.0745 level, Stellar Lumens has recently witnessed a significant surge in value against the US Dollar. The XLM/USD pair has successfully breached the $0.080 resistance zone, indicating a shift towards a more optimistic market outlook. 

The coin price has surged past the resistance level of $0.0820, indicating a consistent upward trend. The bulls have propelled the price even higher, shattering the $0.0850 barrier level. Furthermore, the price has surpassed the resistance levels of $0.0800 and retested the significant resistance of $0.0900. 

Currently, the bears are showing activity near the resistance level of $0.0900, causing the price to reach a high of $0.08940. However, the price has dropped below the $0.08800 level and formed a low near $0.08540. Despite this, the price is still trading above the $0.0860 level and the 200-hour simple moving average.

XLM is currently encountering a significant resistance level at $0.0880. Moreover, a crucial contracting triangle is forming, with resistance at $0.08950 on the 4-hour chart. The next significant obstacle is at the $0.0900 level. If the price manages to surpass this level, it could potentially reach the $0.0932 level. This could lead to further gains, propelling the price towards the $0.1000 level or even $0.1020 in the upcoming days. 

If XLM fails to surpass the $0.0900 barrier, it will face initial support near the $0.0855 level. The next significant support level is at $0.0840, followed by the main support zone at $0.0820. In the short term, further losses could potentially drive the price towards the $0.0800 level. If the decline continues, it may even retest $0.0750 in the coming days.

KEY LEVELS :

RESISTANCE LEVEL : $0.0890-$0.0920

SUPPORT LEVEL : $0.0830-$0.0800

Disclaimer: #crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.

#crypto2023 #coingabbar #dyor