The cryptocurrency Stellar (XLM) has experienced a significant surge in price, trading at $0.4356, a 7.43% increase in the past 24 hours. Its market cap has also risen by 7.43% to reach $13.24 billion, and trading volume has increased by 40.10% to $797.86 million. With a fully diluted valuation of $21.78 billion, XLM’s market-cap ratio stands at 6.02%. XLM is currently testing a key resistance level at $0.4400 and could potentially climb to $0.4600 if it breaks above this level. Immediate support lies at $0.4200, and a fall below this level could lead to a retracement to $0.4000. Technical indicators such as the Relative Strength Index (RSI) and the Chaikin Money Flow (CMF) suggest moderate bullish momentum and positive capital inflows, respectively. The moving averages also support a potential rally. If XLM successfully breaks above $0.4400, the next target could be $0.4600, while failing to hold $0.4200 may result in a correction to $0.4000. Overall, the outlook for XLM is cautiously optimistic.



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