- XLM price shows could be ready for a major boost as the price remains bullish with good volume and strength.
- XLM trades above support as the price aims to continue its trend movement as the price keeps holding above 8 and 20-day EMA.
- The price of XLM eyes a rally to $0.14 as the price breaks out of an ascending triangle with more buy orders.
The price of Stellar (XLM) has continued to show its strength as price trends with a key breakout from a range-bound movement against tether (USDT). With the crypto market cap bouncing from its weekly low as the market continued to look promising, the price of Stellar (XLM) was not left out as the price broke out of its long-range, with price trending to a higher height with eyes set for a possible $0.14 target. (Data from Binance)
Stellar (XLM) Price Analysis On The Weekly Chart
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