Stellar (XLM) has seen a price increase of over 6% in the last 24 hours, aiming to reclaim its $11 billion market cap. Technical indicators such as the DMI suggest the possibility of an uptrend, with rising ADX and +DI dominance indicating growing buying momentum. The CMF turning positive suggests improving capital inflows and a potential shift in market sentiment. XLM is currently trading between key levels, with the potential to rise towards $0.47 if bullish momentum continues or retest support at $0.31 if the uptrend fails. The ADX and +DI indicate a potential uptrend, while the CMF shows a slight positive bias. The EMA setup suggests lingering downward momentum, but if the short-term EMAs rise and cross above the long-term EMAs, it could signal a bullish trend reversal. Critical support and resistance levels at $0.31, $0.406, and $0.47 will define XLM's short-term trajectory.
- Content Editor ( beincrypto.com )
- 2025-01-01
Stellar (XLM) Price Rises 6% With Early Uptrend Signs