#XLM/USDT The medium-term indicators for the price of XLM remain optimistic during the current cryptocurrency surge. However, there is a possibility of a sharp reversal in the coming days.

Price Retracement: First, the price of Stellar may decline due to the concept of "mean reversion," where assets often return to their historical averages. In the case of XLM, the price jumped by 142% above the 50 and 200-week exponential moving averages during the rally.

Overbought Condition: Secondly, the price of XLM may sharply reverse as it has become significantly overextended. The Relative Strength Index (RSI) surged to 83, while the Stochastic Oscillator lines are approaching 100. High oscillators indicate momentum, but such movements often precede sharp declines.

Reversal and Re-Test Pattern Formation: The price of Stellar may reverse to form a "break and re-test" pattern. It surpassed the key resistance at $0.1624, which is its highest level since July 2023, last week. In most cases, financial assets re-test key support levels before resuming an uptrend. Therefore, it is likely that XLM will drop to $0.1624 before it resumes its upward movement.#BtcCryptoAlertz #ETHBreaks3k