CandleFocus Stellar’s (XLM) 30% Surge Is the Result of These Traders’ Perseverance
2025-01-13
Author: Content Editor
Stellar (XLM) has recently broken out of a month-long downtrend, bringing optimism back to the market and giving the altcoin a chance for further upward movement. The positive funding rate indicates traders' belief in a recovery, contributing to the asset's recent price performance. However, the weak inflows reflected by the Chaikin Money Flow indicator and ongoing investor uncertainty could hinder Stellar's recovery. To fully recover, the altcoin would need strong market support and investor confidence. If market conditions turn bearish, Stellar's price could fall below critical support levels, delaying any further recovery efforts.
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