CandleFocus Stellar (XLM) set for an imminent rally
2024-12-23
Author: Content Editor
The cryptocurrency market has experienced a significant downturn, but investors and analysts remain optimistic about digital assets, including Stellar (XLM). On-chain expert Ali Martinez's technical analysis suggests that XLM might be poised for an upswing, with the TD Sequential tool sending a buy signal for the token. However, XLM must sustain a holding above the critical support zone at $0.33 for a rally to occur. While some technical analysis tools indicate bullish sentiment, others remain on the sell side. The true test for XLM will be as it approaches resistance near $0.38.
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