Stellar (XLM) is currently priced at 0.242 USD, showing a recovery of nearly 6% this week. This upward potential reflects a growing confidence among investors.
The positive funding rates and increased bullish bets indicate a strong sentiment shift, with a long-to-short ratio suggesting that more traders are anticipating the XLM price to rise.
A daily close above 0.253 USD could trigger a significant rally, potentially extending gains up to 12%. Conversely, failure to maintain momentum could lead to a decline towards support at 0.225 USD.
Leave a Reply