Stellar (XLM) price still at risk; but a reversal setup emerges

Currently, Stellar (XLM) has reduced by 7% this past week, but early reversal indicators suggest a shift in momentum toward a bullish outlook. The key price level to watch is $0.46, as holding above could lead to substantial upward movements.

The Bull-Bear Power indicator’s positive shift hints at renewed bullish control, while an EMA crossover is developing on the 4-hour chart, indicating potential for increased trading activity. A breakthrough of the $0.46 mark is crucial to confirm a bullish trend.

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