$XLM
XLM/USDT Analysis – 4 Hour Interval
🔹 Current Price: 0.4295
🔸 Overview
XLM has bounced from strong support at 0.4098 – 0.4130, and is currently trying to hold above 0.4280 – 0.4300, which gives a positive signal for the possibility of continued upward movement.
🔸 Technical Indicators
Bollinger Bands: The price is trading near the midpoint (0.4275) with the potential to rise toward the upper limit at 0.4370 – 0.4400.
RSI: At level 52 in the neutral zone, leaning towards upward movement.
Stochastic RSI: In overbought territory (96) and may push for a slight correction before continuing to rise.
MACD: Approaching a positive crossover supporting the upward movement.
🔸 Supports and Resistances
Supports: 0.4230 – 0.4200 / 0.4100 – 0.4080
Resistances: 0.4360 / 0.4420 / 0.4500 – 0.4550
🔸 Expected Scenario
Holding above 0.4230 – 0.4200 supports gradual rise towards:
1. 0.4360
2. 0.4420
3. 0.4500 – 0.4550 🎯
However, breaking below 0.4200 may retest 0.4100 – 0.4080 as major support.
✅ Summary:
XLM is moving in a good rebound area, and the positive scenario remains valid as long as the price is above 0.4200.
The current trade is profitable with targets of 0.4360 – 0.4420 – 0.4550 and a stop loss below 0.4050.