Stellar Lumens (XLM) recently surged ~14% following the rollout of Protocol v23.0.0rc2, triggering high trading volume and volatility tied to the upgrade . Technical patterns show defensive “triple bottom” support around $0.232–0.244, signaling a potential bullish reversal . Short-term forecasts suggest a trading range between $0.238–0.258 in July, with upside toward $0.26–$0.30 if resistance breaks . Broader market momentum, including Bitcoin’s rally above $100K, supports breakout conditions . However, dips below $0.22–$0.23 could trigger renewed weakness. Medium-term outlook is cautiously optimistic: strategic tech upgrades and growing institutional interest are positive, but macro volatility and on-chain metrics warrant close monitoring.

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