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XLM trades above the $0.10 level. TAMA, Meme Coin Game Changer

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Stellar’s price prediction shows that XLM will cross the $0.10 resistance level once the coin breaks above the moving averages.

Stellar prediction statistics:

  • Current Stellar Price – $0.11
  • Stellar market cap – $2.8 billion
  • Stellar Circulation Supply – 25.3 billion
  • Total stellar supply – 50 billion
  • Stellar Coinmarketcap Ranking – #28

XLM/USD Market

Main levels:

Resistance Levels: $0.125, $0.135, $0.145

Support levels: $0.095, $0.085, $0.075

XLM/USD looks set to hit new highs as the coin surges upwards to trade near the $0.120 resistance level. However, the coin is currently trading at $0.112, showing a bullish move towards the upper end of the channel. Maybe, but the bulls are likely to rake in more on the price drop.

Stellar Prices Are Ready To Rise Further, Buy Madonna Now

Stellar price can sustain its uptrend only if the newly touched $0.112 resistance level holds no matter what. At the time of writing, the technical indicator Relative Strength Index (14) is above the 60 level, creating a bullish signal for the market. This may encourage more buyers to enter the market. However, Stellar (XLM) may continue its uptrend if buyers can sustain the bullish move.

Nonetheless, if the red line of the 9-day moving average crosses the green line of the 21-day moving average, the coin continues to perform well and Stellar price hits resistance at $0.125, $0.135, and $0.145 respectively. level may be reached. On the other hand, if the technical indicators quickly break below the moving averages, we could see a slight bearish pullback, which could push the market down to the support levels of $0.095, $0.085 and $0.075 respectively.

Against Bitcoin, Stellar’s price slides towards the 9- and 21-day moving averages as the price reaches daily lows at 516 SAT. However, the technical indicator’s Relative Strength Index (14) is below the 50 level as the coin seeks more of a downtrend.

XLMBTC – daily chart

Moreover, as seen on the daily chart, the key support level is below 500 SAT, but higher sustained movement could cancel the bearish pattern, then focus on the 570 resistance level. It may attract new buyers entering the market. SAT and above.

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XLM trades above the $0.10 level. TAMA, Meme Coin Game Changer

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