XLM/USDT$

XLM Market & Technical Developments

Bullish Momentum Building

Stellar (XLM) is trading around $0.46, up approximately 3.8% in the last 24 hours. Momentum indicators like the MACD and RSI (at ~62) suggest continued upside, though resistance remains ahead.

Breakout Path Emerging

XLM has broken out of a downtrend channel and is holding above a critical $0.44 support zone. If support holds, bulls may push the price toward $0.50.

Binance Trading Buzz & Breakdown

On Binance’s Square platform, analysts noted that XLM was rejected at the $0.4570 resistance level and has slipped beneath the key $0.4430 support amid high volume. This confirmed a descending triangle breakdown, prompting short-trade setups with downside targets range from $0.4332 to $0.4139.