Ondo

Read

Stellar

Rare

Rekt

<p>In his newsletter, crypto expert Rekt Capital offered a thorough technical <a href="https://captainaltcoin.com/heres-why-ondo-price-might-see-a-60-spike-soon-elite-analyst/" target="_blank" rel="noopener noreferrer nofollow">analysis of ONDO </a>and Stellar (XLM). His analysis highlights how both tokens have performed, providing information on their price patterns, past trends, and possible future developments.</p>
<h3 class="wp-block-heading" id="strong-stellar-xlm-approaches-historical-reference-zone-strong"><strong>Stellar (XLM) Approaches Historical Reference Zone</strong></h3>
<p>According to Rekt Capital, XLM has been navigating a <a href="https://ambcrypto.com/will-stellar-xlm-rally-again-this-level-holds-the-answer/" target="_blank" rel="noopener noreferrer nofollow">volatile market</a>, with focus on its historical Binance listing price. This price point has consistently been a key marker for XLM, serving as a resistance level in 2019 and 2022, and as a support level in early 2021.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/rektcapital/status/1867020849892520129
 </div>
</figure>
<p>The expert emphasized that any further pullbacks could bring XLM back to this region for a potential retest. Historically, XLM has demonstrated a tendency to revisit this zone, cementing its role as a critical price benchmark.&nbsp;</p>
<p>The current market performance has sparked questions about whether history will repeat itself with another retest of this level. As of this writing, <a href="https://www.coingecko.com/en/coins/stellar" target="_blank" rel="noopener noreferrer nofollow">XLM trades at $0.4319</a> according to CoinGecko. This value reflects a 4.64% rise over the last day.&nbsp;</p>
<p>However, the token has seen an 11.86% drop in the past week, indicating mixed market sentiment.</p>
<p><em>Related: </em><a href="https://captainaltcoin.com/how-much-will-25000-stellar-xlm-tokens-be-worth-at-peak-of-the-bull-run/" target="_blank" rel="noopener noreferrer nofollow"><em>How Much Will 25,000 Stellar (XLM) Tokens Be Worth at Peak of the Bull Run?</em></a></p>
<h3 class="wp-block-heading" id="strong-ondo-ondo-defies-odds-with-rare-post-breakout-retest-strong"><strong>Ondo (ONDO) Defies Odds with Rare Post-Breakout Retest</strong></h3>
<p>ONDO has achieved a notable technical feat by successfully performing a post-breakout retest of its previous all-time highs. This move, while rare for cryptocurrencies in price discovery mode, has solidified these highs as new support levels, a development that could pave the way for further upward momentum.</p>
<p>The analysis stressed that while this retest signals strength, chasing the current uptrend may not be advisable. Instead, traders might consider waiting for another retest, though such occurrences are uncommon.</p>
<p>CoinGecko data reveals that ONDO is currently<a href="https://www.coingecko.com/en/coins/ondo" target="_blank" rel="noopener noreferrer nofollow"> priced at $1.88</a>, marking a 9.85% increase over the past 24 hours and a 5.62% gain in the last seven days. These figures highlight ONDO’s robust <a href="https://ambcrypto.com/ondos-short-term-price-targets-could-be-under-threat-heres-why/" target="_blank" rel="noopener noreferrer nofollow">market performance</a>, as traders weigh its future potential against its rare technical achievement.</p>
<p><em>Read also: </em><a href="https://captainaltcoin.com/is-7-still-a-realistic-target-for-cardano-ada-price/" target="_blank" rel="noopener noreferrer nofollow"><em>Is $7 Still a Realistic Target for Cardano (ADA) Price?</em></a></p>
<h3 class="wp-block-heading" id="strong-market-observers-monitor-key-developments-strong"><strong>Market Observers Monitor Key Developments</strong></h3>
<p>The contrasting trajectories of Stellar (XLM) and Ondo (ONDO) underline the diverse market dynamics at play.&nbsp;</p>
<p>While XLM faces the possibility of revisiting a critical historical price zone, ONDO’s post-breakout performance offers a unique case of technical resilience.</p>
<p><em><strong>Follow us on&nbsp;<a href="https://x.com/CaptainAltcoin_" target="_blank" rel="noopener noreferrer nofollow">X (Twitter)</a>,&nbsp;<a href="https://coinmarketcap.com/community/profile/CaptainAltcoin/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap&nbsp;</a>and&nbsp;<a href="https://www.binance.com/en/square/profile/captainaltcoin" target="_blank" rel="noopener noreferrer nofollow">Binance Square</a>&nbsp;for more daily crypto updates.<br>Get all our future calls by joining our&nbsp;<a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram group.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/etoro-ca-1-oyc386si1bdrmhrff7xex5ngu4zikfy3ei6bk0rbb6.png" width="500" alt="We recommend eToro" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-etoro-target-_blank-rel-noopener-noreferrer-nofollow-span-we-recommend-etoro-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> <span>We recommend eToro</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20"><strong>Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. <a href="https://www.etoro.com/customer-service/terms-conditions/trading-restriction/" target="_blank" rel="noopener noreferrer nofollow">Take 2 mins to learn more</a></strong>
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/etoro/" target="_blank" rel="noopener noreferrer nofollow"> Visit eToro Now </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Active user community and social features like news feeds, chats for specific coins available for trading. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Copy trading: allows users to copy the trades of leading traders, for free. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/stellar-xlm-price-shows-volatility-above-historical-support-as-ondo-strengthens-with-rare-breakout-retest/" rel="noopener noreferrer nofollow">Stellar (XLM) Price Shows Volatility Above Historical Support as ONDO Strengthens with Rare Breakout Retest</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Stellar (XLM) Price Shows Volatility Above Historical Support as ONDO Strengthens with Rare Breakout Retest

Table of Contents

CaptainAltcoin

Other articles published on Dec 12, 2024

Atoma Launches Private, Decentralized AI on Sui

BTFD Coin’s Beta Game Launch, Neiro’s Rapid Growth, and Notcoin’s Possible Surge Among the Best M...

Binance Labs New Investment: What is Kernel?

Hacker Exposes $DOGE Flaw, Puts the Network at Risk

Bitcoin ATM Giant Suffers Data Breach, 58,000 Customers Affected

BTFD Coin Leads the Best Meme Coins to Buy in December 2024 While Brett Gains Traction and Act I ...

Join our free newsletter for daily crypto updates!