<ul>
 <li>Crypto Tony predicted in an X post that Stellar (XLM) may begin to rally soon.</li>
 <li>In his post, the analyst revealed that XLM will need to flip $0.135 before it can breakout towards the upside.</li>
 <li>At press time, XLM was changing hands at $0.1234 following a 24-hour loss of 0.47%.</li>
</ul>
Crypto Tony, a popular cryptocurrency trader and analyst, predicted in an X post today that <a href="https://coinedition.com/tag/Stellar-xlm/" rel="noopener noreferrer nofollow">Stellar (XLM)</a> could rally soon. In his post, the trader shared that he is keeping an eye on the $0.135 mark on XLM’s chart. More specifically, Crypto Tony is waiting for the altcoin’s price to flip this key level into support before he enters into a long position for XLM.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet">
 <a href="https://twitter.com/search?q=%24XLM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XLM</a> / <a href="https://twitter.com/search?q=%24USD&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$USD</a> – Update Remember this one legends. I am waiting for that flip of 0.135c into support to enter .. Once XLM runs .. We know <a href="https://twitter.com/search?q=%24XRP&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$XRP</a> will be too <a href="https://t.co/12nW0QNIGP" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/12nW0QNIGP</a>— Crypto Tony (@CryptoTony__) <a href="https://twitter.com/CryptoTony__/status/1723818450269708337?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 12, 2023</a>
 </blockquote>
 </div>
</figure>
The analyst also believes that once XLM begins to rally, the remittance token Ripple (XRP) will most likely follow suit. Meanwhile, data from the cryptocurrency price tracking website CoinMarketCap indicated that XLM was changing hands at $0.1234 at press time. This was after the altcoin suffered a sli…
The post <a href="https://coinedition.com/xlm-breaking-above-0-135-could-lead-to-a-rally-says-analyst/" rel="noopener noreferrer nofollow">XLM Breaking Above $0.135 Could Lead to a Rally, Says Analyst</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

XLM Breaking Above $0.135 Could Lead to a Rally, Says Analyst

Coin Edition

Other articles published on Nov 13, 2023

Join our free newsletter for daily crypto updates!