Sam_TCR

xlm shows bullish view

Long
COINBASE:XLMUSD   Stellar
The open interest, development Activity, Volatility, Price, volume, and market cap chart for the XLM asset show bullish traits and can achieve more growth in the future.

It has demonstrated good performance in the past week, month, and three months by 6.43%, 29.00%, and 17.15% respectively, indicating a reliable upward trend.

Crypto has experienced an explosive surge of 4.31% in the last 24 hours, trading at $0.1461 and the Stellar price structure is making a higher high structure and aims to shatter the nearest hurdle and to retest the supply level at $0.19000. The XLM crypto appears to be poised for a continuation of this spectacular rally, to smash the resistance level of $0.1590 and soar to new heights.

The Stellar asset is showing bullish strength and rising potential as it stays above major 20, and 50-day EMAs. The MACD shows a bullish cross with a histogram at 0.001238, the MACD is at 0.007378, and the signal line is at 0.006138. Correspondingly, the RSI shows no signs of overbought conditions yet and the curve is at 67.55, suggesting that the XLM asset has more room to grow.

On the flip side, if the XLM price fails to stay above the $0.1188 level, it could decline further towards demand zone.



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