#USCryptoWeek $BNB

Open interest (OI) in XLM has seen a sharp increase, soaring 127% to 346 million dollars from 160 million dollars just last week. This increase in OI indicates that investors are more engaged, likely driven by FOMO (fear of missing out).

The price of XLM has risen 21% in the last 24 hours, trading at 0.436 dollars, just below the critical resistance level of 0.439 dollars. The altcoin has surged 83% this month, a clear sign of growing investor interest.

However, with the price approaching resistance, a period of consolidation is expected between 0.412 dollars and 0.439 dollars. If selling pressure increases, the price could drop back to 0.355 dollars, forming a new support level.