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B3bit

07/11 16:26

Stellar [XLM] – Here’s what traders should look fo

Stellar [XLM] – Here’s what traders should look for after $0.30Stellar-Featured-768x432.webp

  • 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.Stellar-1-week-Chart-768x400.png

The weekly chart showed a sizeable pullback after the swift rally in November.
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