Journalist
- XLM ($0.30) bulls have been attempting to flip the $0.3-level to support once again
- RSI and OBV on the 4-hour chart gave early signs of bullishness
While Stellar [XLM] continued to maintain a bearish trajectory, the trading volume has been low in recent weeks. This suggested that the bearishness was only a product of the wider market uncertainty and Bitcoin [BTC ($84,706.00)] losses.
In fact, the token seemed to be at a critical juncture on the lower timeframe price charts. The bulls were challenging the $0.3 resistance level too. Hence, the question – Can they succeed in creating a breakout?
Stellar forms a short-term range and faces resistance up to $0.31
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