🔻 XLM has dropped 38% recently, but a 3.5% surge in the last 24 hours hints at a possible trend shift. Traders watch closely as XLM faces a descending trendline resistance, which could decide its next big move.
📈 Breakout or Breakdown?
If XLM closes above $0.35, it could rally 22% to $0.43. Failure to breach resistance may trigger a 10% drop to $0.30. Despite this, XLM remains above the 200 EMA, reinforcing an overall uptrend.
💰 $4M Outflow, But Interest Grows
Investors have withdrawn $4M worth of XLM from exchanges in 48 hours, signaling mixed sentiment. However, open interest is up 9%, showing traders are still engaged.
⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.
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