🚨$XLM / USDT: A Bullish Rally Continues🚨
Stellar Lumens (XLM) has been on a tear recently, and today's price action is no exception. The XLM/USDT pair is currently trading at $0.2966, up a whopping 24.78% in the last 24 hours!
Key Points:
* 24-Hour High: $0.3056
* 24-Hour Low: $0.2352
* 24-Hour Volume (XLM): 1.12B
* 24-Hour Volume (USDT): 311.11M
* Moving Averages:
* 7-Day: $0.2926
* 25-Day: $0.2911
* 99-Day: $0.2705
Technical Analysis:
The chart shows a clear bullish trend, with the price breaking above multiple resistance levels. The RSI is also in overbought territory, indicating strong buying pressure. However, it's important to note that the market is volatile, and a pullback could occur.
What's Next?
If the bullish momentum continues, we could see XLM retest its all-time high of $0.54. However, if the market turns bearish, support levels at $0.27 and $0.25 could come into play.
Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.