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Crypto Express

07/11 15:08

Stellar [XLM] what traders should look for after

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Bitcoin is expected to lead the rally now that it has set a new all-time high- XLM traders could look to book profits and wait.
XLM surged 31% in July after defending key support. Bullish momentum builds, but resistance at $0.3–$0.32 may cap gains unless flipped to support. Traders remain cautious amid BTC-led rally.
Stellar [XLM] has quietly had a brilliant start to July. After defending the local demand zone at $0.22, XLM has 31% since the 2nd of July.

With Bitcoin [BTC] at a new all-time high, bullish euphoria across the crypto market was high. There was a threat of volatility in the short term, and traders need to assess their risk and choose position sizes carefully.

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