#xlm last month in the XLM (Stellar Lumens) cryptocurrency.

XLM has had quite a busy month, with a significant price increase. At the beginning of October, XLM was hovering around $0.12 USD, and by the end of the month, it reached a high of $0.63 USD! This represents an increase of over 400%.

Some of the factors that contributed to this growth are:

* XLM's open interest increased: This indicates that more people are investing in the cryptocurrency, which drives demand and price.

* Rising "social dominance": XLM was on everyone's lips on social media and specialized media, attracting the attention of new investors.

* Bullish momentum: The Relative Strength Index (RSI) reached above 90, indicating overbought conditions. While this could suggest a correction, it also reflects the strength of the uptrend.

However, there are also some cautionary signs:

* Correction: After such a steep rise, a downward correction is normal. In fact, the price has already pulled back from its high of $0.63 USD.

* Weakening momentum: Open interest has declined over the past few days, which could indicate that the bullish momentum is weakening.

Overall, the past month has been very positive for XLM. While there is likely to be some volatility in the short term, the cryptocurrency seems to have a promising future.

I recommend keeping an eye on the following signs:

* Resistance levels: $0.60 and $0.75 USD. If XLM manages to break through these levels, it could continue its rise.

* “Adam and Eve” pattern: This pattern on the monthly charts suggests long-term bullish potential.

* News and developments: Stay informed about the latest news and developments in the Stellar ecosystem.

Remember that this is just a summary and does not constitute financial advice. Always do your research and consult with an expert before making any investment decisions.