Stellar (XLM), which usually comes to the fore with Ripple but managed to separate this time, reached the top with its rise in the last 24 hours.
XLM, which created a price structure with the Ripple-SEC case in the past, seems to have diverged now. XLM, which was traded in a falling trend from the beginning of August to September, gained an incredible volume after the newly formed structure. XLM, which tested the minor support and made an upward jump, became the most valuable coin of the day, increasing by 7.17 percent in the last 24 hours.
Steallar (XLM) chart analysis
XLM, which started its falling trend at $ 0.1545, finally managed to break this structure. The popular coin, which first performed a test at $ 0.1250, regained momentum even though it retreated to $ 0.1170. Despite the uncertainty in BTC, XLM made an upward move and reached $ 0.1350. If it holds at $ 0.1303, it can attract even more buyers.
As long as the momentum in XLM is positive in technical and fundamental terms, the resistance points that can be monitored are $0.1355 – 0.1406 – 0.1441 – 0.1500 and $0.1545 respectively. If the SEC case goes against Ripple or a pricing below $0.1250, XLM’s balance may gradually deteriorate. The levels that can be seen as support in such a situation are 0.1207 – 0.1168 – 0.1113 and 0.1054 dollars, respectively.
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