XLM Surges 12% in Just 2 Days Stellar Recovery in Motion!
XLM has seen a strong 12%+ rally in the last 2 days, currently trading at $0.4080. The recent price action reveals some key insights:
Key Observations:
Resistance Zone $0.50–$0.52 price was rejected after testing this area
Immediate Support around $0.3643 previous breakout level now acting as support
RSI Analysis After hitting overbought levels (above 80), RSI is cooling off, indicating a possible short-term consolidation or minor pullback.
What to Watch
Holding above $0.3640 could validate continuation toward $0.45+
Breaking below support may lead to retesting the $0.30–$0.32 range
RSI downtrend suggests caution for new entries; bulls may look for reaccumulation opportunities on dips
Summary
XLM just posted one of its strongest short term recoveries in months. While short term cooling is possible, the overall structure remains bullish as long as key support holds.
Eyes on volume and BTC trend next moves could be explosive
DYOR. Only invest what you can afford to lose.
