The crypto market is mostly in the green zone, with Stellar (XLM) gaining 5.25% in value. On the hourly chart, XLM is trading between support at $0.4299 and resistance at $0.4607. Despite most of the ATR being passed, any significant moves are unlikely to happen by the end of the day. On the larger time frame, XLM has made a false breakout of the $0.4530 resistance, but if the daily bar closes near it with no long wick, a price blast and a test of the $0.48 zone may occur soon. However, it is too early to make long-term price projections, and a sharp rise is unlikely as not enough energy has been accumulated. At the time of writing, XLM is trading at $0.4448.



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