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via Cointelegraph · By Cointelegraph Staff

Why is Stellar's XLM up by Over 50% This Week?

XLM

XLM/USDT

$0.2082
-1.70%
24h Volume

$149,324,938.78

24h H/L

$0.2172 / $0.2056

Change: $0.0116 (5.64%)

Funding Rate

-0.0103%

Shorts pay

Data provided by COINOTAG DATALive data
XLM
XLM
Daily

$0.2081

-0.81%

Volume (24h): -

Resistance Levels
Resistance 3$0.2520
Resistance 2$0.2311
Resistance 1$0.2189
Price$0.2081
Support 1$0.2035
Support 2$0.1857
Support 3$0.1735
Pivot (PP):$0.2103
Trend:Sideways
RSI (14):52.4
CS
Cointelegraph Staff
(01:34 PM UTC)
1 min read
SC
Approved bySarah Chen
1100 views
0 comments

Stellar’s native token, XLM, has rallied more than 50% this week, outperforming the broader crypto market, which has declined by nearly 5% in the same period.

Key takeaways:

  • US financial giant DTCC announced it would integrate its tokenized securities platform with the Stellar Network.
  • XLM rallied by over 50% after the announcement, but risks a sharp downside in the coming weeks.

DTCC partnership…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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