$XLM

Technical Analysis for XLM/USDT – on the 4-hour time frame

Current price 0.4136

XLM has seen a strong rise from the bottom of 0.3613 after a clear rebound supported by strong buying momentum, successfully breaking above the EMA(25) and EMA(99) moving averages and maintaining above them, which gives a positive signal for the continuation of the upward trend in the short term.

Key technical points:

Moving averages: the price is trading above EMA(7) and EMA(25) and EMA(99), reflecting an upward bias.

RSI Indicator: moving near the level of 70, indicating the continuation of the upward momentum, but close to being overbought.

Stoch RSI Indicator: still in overbought territory, but has not shown a bearish reversal yet.

MACD Indicator: positive crossover with rising green bars, reinforcing the likelihood of continued upward movement.

Trading volume: gradual increase in volume, supporting confidence in the current movement.

Trading opportunities:

Potential buying area:

0.4105 – 0.4090 (retesting EMA99 support + moving averages crossover)

🟩 First target: 0.4175

🟩 Second target: 0.4205 – 0.4225

🟥 Suggested stop loss: 0.4020

Expected success rate: 80% with adherence to capital management plan and stop loss.

Short-term technical outlook: bullish as long as it stays above 0.4090

This analysis is not considered direct financial advice, but rather a technical reading based on current market data. It is advised to manage capital and not risk more than 5% of the portfolio in the trade.