Coin

<ul class="news-points"> 
 <li>XLM has caught the attention of the crypto community with its double-digit spike over the week.</li> 
 <li>The altcoin experienced a surge of 15.07% while its market cap is valued at $3,958,550,836.</li> 
 <li>A recent red candlestick could be a sign of either price retracement or a minor setback.</li> 
</ul> 
XLM has caught the attention of the crypto community with its double-digit spike over the week. After experiencing a major spike earlier this month, <a href="https://coinedition.com/stellar-xlm-price-prediction/" rel="noopener noreferrer nofollow">Stellar’s native token</a> started off this week in the red zone. However, it gradually rose in the first three days of the week, thus, entering the green zone of the chart. Subsequently, the altcoin also fell straight downwards on Thursday but quickly recovered on the same day.<a href="https://coinedition.com/stellar-xlm-leads-the-altcoin-overnight-bullish-rally/" rel="noopener noreferrer nofollow"> XLM continues to trade in the green zone </a>at a price of $0.1456. 
<figure class="wp-block-image size-full"> 
 <img decoding="async" width="975" height="396" src="https://coinedition.com/wp-content/uploads/2023/07/image-37.png" alt="7-day Chart (Source: CoinMarketCap)" class="wp-image-323155" srcset="https://coinedition.com/wp-content/uploads/2023/07/image-37.png 975w, https://coinedition.com/wp-content/uploads/2023/07/image-37-300x122.png 300w, https://coinedition.com/wp-content/uploads/2023/07/image-37-313x127.png 313w, https://coinedition.com/wp-content/uploads/2023/07/image-37-380x154.png 380w, https://coinedition.com/wp-content/uploads/2023/07/image-37-768x312.png 768w, https://coinedition.com/wp-content/uploads/2023/07/image-37-696x283.png 696w, https://coinedition.com/wp-content/uploads/2023/07/image-37-127x52.png 127w, https://coinedition.com/wp-content/uploads/2023/07/image-37-159x65.png 159w, https://coinedition.com/wp-content/uploads/2023/07/image-37-255x104.png 255w, https://coinedition.com/wp-content/uploads/2023/07/image-37-795x323.png 795w, https://coinedition.com/wp-content/uploads/2023/07/image-37-440x179.png 440w, https://coinedition.com/wp-content/uploads/2023/07/image-37-414x168.png 414w, https://coinedition.com/wp-content/uploads/2023/07/image-37-326x132.png 326w, https://coinedition.com/wp-content/uploads/2023/07/image-37-377x153.png 377w, https://coinedition.com/wp-content/uploads/2023/07/image-37-328x133.png 328w, https://coinedition.com/wp-content/uploads/2023/07/image-37-144x58.png 144w, https://coinedition.com/wp-content/uploads/2023/07/image-37-123x50.png 123w, https://coinedition.com/wp-content/uploads/2023/07/image-37-129x52.png 129w" sizes="(max-width: 975px) 100vw, 975px"> 
 <figcaption class="wp-element-caption">
 7-day Chart (Source: <a href="https://coinmarketcap.com/currencies/stellar/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>) 
 </figcaption> 
</figure> 
XLM currently holds the 21 position, just below LINK. Over the seven-day period, the altcoin experienced a surge of 15.07% while its market cap is valued at $3,958,550,836. With a circulating supply of 27,222,888,444 XLM, the trading volume is valued at $200,717,377 after witnessing a fall of 16.07%. 
<figure class="wp-block-image size-full"> 
 <img decoding="async" width="975" height="540" src="https://coinedition.com/wp-content/uploads/2023/07/image-38.png" alt="XLM/USDT 1-Day Chart (Source: TradingView)" class="wp-image-323162" srcset="https://coinedition.com/wp-content/uploads/2023/07/image-38.png 975w, https://coinedition.com/wp-content/uploads/2023/07/image-38-300x166.png 300w, https://coinedition.com/wp-content/uploads/2023/07/image-38-313x173.png 313w, https://coinedition.com/wp-content/uploads/2023/07/image-38-380x210.png 380w, https://coinedition.com/wp-content/uploads/2023/07/image-38-768x425.png 768w, https://coinedition.com/wp-content/uploads/2023/07/image-38-696x385.png 696w, https://coinedition.com/wp-content/uploads/2023/07/image-38-127x70.png 127w, https://coinedition.com/wp-content/uploads/2023/07/image-38-159x89.png 159w, https://coinedition.com/wp-content/uploads/2023/07/image-38-255x141.png 255w, https://coinedition.com/wp-content/uploads/2023/07/image-38-795x440.png 795w, https://coinedition.com/wp-content/uploads/2023/07/image-38-440x244.png 440w, https://coinedition.com/wp-content/uploads/2023/07/image-38-414x229.png 414w, https://coinedition.com/wp-content/uploads/2023/07/image-38-298x165.png 298w, https://coinedition.com/wp-content/uploads/2023/07/image-38-377x209.png 377w, https://coinedition.com/wp-content/uploads/2023/07/image-38-328x182.png 328w, https://coinedition.com/wp-content/uploads/2023/07/image-38-144x81.png 144w, https://coinedition.com/wp-content/uploads/2023/07/image-38-123x68.png 123w, https://coinedition.com/wp-content/uploads/2023/07/image-38-129x71.png 129w" sizes="(max-width: 975px) 100vw, 975px"> 
 <figcaption class="wp-element-caption">
 XLM/USDT 1-Day Chart (Source: <a href="https://www.tradingview.com/x/ZOalOkyY/" target="_blank" rel="noopener noreferrer nofollow">TradingView</a>) 
 </figcaption> 
</figure> 
Looking at the daily char… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/xlm-formed-new-red-candlestick-will-it-end-the-double-digit-spike/">XLM Formed New Red Candlestick, Will It End the Double-Digit Spike?</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

XLM Formed New Red Candlestick, Will It End the Double-Digit Spike?

Coin Edition

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