XLM Jumps 14% as Stellar Reclaims Long-Term Channel Midline

XLM

XLM/USDT

$0.1580

-0.75%

$0.1580

-0.75%

(24s)

24h Volume

$24,596,506.68

24h H/L

$0.1598 / $0.1566

Change: $0.003200 (2.04%)

Funding Rate

+0.0064%

Longs pay

Data provided by COINOTAG DATALive data

XLM

Daily

$0.1583

▲ 0.19%

Volume (24h): -

Resistance Levels

Resistance 3$0.1716

Resistance 2$0.1646

Resistance 1$0.1595

Price$0.1583

Support 1$0.1574

Support 2$0.1527

Support 3$0.1395

Pivot (PP):$0.158533

Trend:Sideways

RSI (14):32.0

Jakub Dziadkowiec

(07:26 AM UTC)

1 min read

Updated bySarah Chen

0 comments

Stellar (XLM) surged more than 14% in the past 24 hours. The move reclaimed the midline of its long-term parallel channel. Price also broke above a key descending trendline.

The Layer 1 network is now trading near $0.169 with a market capitalization above $5.6 billion. Multiple charts point to follow-through. X traders are already calling for a path to $0.60 on the weekly timeframe.