$XLM is showing early signs of recovery, currently trading at $0.344. With the 50-day & 200-day MA crossover, we might be witnessing a potential shift in trend. 📈


🔍 Key Technical Insights:

✅ RSI at 51 – Neutral momentum, but room for movement if buying pressure increases.

✅ MACD Bullish Crossover – If confirmed, XLM could gain upside momentum.

✅ Bollinger Bands Expanding – Increased volatility, with resistance at $0.360.


💡 Fibonacci Levels to Watch:

- Support: $0.326 (38.2%) & $0.301 (61.8%)

- Resistance: $0.360 (breakout zone), next target $0.380-$0.400


XLM’s next move depends on Bitcoin’s trajectory and whether it can sustain above the 50-day MA ($0.354). If it fails, we might see a retest of $0.300-$0.283.


📊 What’s your take? Will XLM break out or pull back?

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February 21, 2025 at 2:47 PM
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