Solana

Resistance

Stellar

<a href="https://bitcoinworld.co.in/stellar-lumen-xlm-price-eyes-fresh-surge-to-0-165/" title="Stellar Lumen (XLM) Price Eyes Fresh Surge To $0.165" rel="nofollow"></a>
<ul> 
 <li style="font-weight: 400">Stellar lumen <a href="https://coinstats.app/coins/stellar/">price</a> (XLM) is attempting a fresh surge from the $0.1240 zone against the US Dollar.</li> 
 <li style="font-weight: 400">XLM price is now trading below $0.140 and the 55 simple moving average (4 hours).</li> 
</ul> 
Stellar lumen (XLM) price is trading in a positive zone above $0.1240 against the US Dollar, like Bitcoin. XLM price must clear $0.1325 to gain bullish momentum. 
<h3 id="span-style-font-weight-400-stellar-lumen-price-analysis-xlm-to-usd-span">Stellar Lumen Price Analysis (XLM to USD)</h3> 
After a steady increase, Stellar lumen price saw a minor rejection near the $0.1620 zone against the US Dollar. The XLM/USD pair traded below the $0.1400 support and tested the $0.1240 zone. 
<figure id="attachment_68387" aria-describedby="caption-attachment-68387" style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" decoding="async" class=" wp-image-68387" src="https://bitcoinworld.co.in/wp-content/uploads/Stellar-Lumen-Price-Chart-483x300.png" alt="" width="609" height="378" srcset="https://bitcoinworld.co.in/wp-content/uploads/Stellar-Lumen-Price-Chart-483x300.png 483w, https://bitcoinworld.co.in/wp-content/uploads/Stellar-Lumen-Price-Chart.png 760w" sizes="(max-width: 609px) 100vw, 609px">
 <figcaption id="caption-attachment-68387" class="wp-caption-text">
 Stellar Lumen Price Chart | Source: Coinstats
 </figcaption>
</figure> 
&nbsp; 
A low was formed near $0.1241 and the price is now attempting a fresh increase. There was a break above the $0.12030 resistance zone.&nbsp; 
The price tested the 23.6% Fib retracement level of the downward move from the $0.1624 swing high to the $0.1241 low. 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/the-price-of-solana-sol-has-crossed-the-200-resistance-whats-next-for-solana/" aria-label="“The Price Of Solana (SOL) Has Crossed The $200 Resistance, What’s Next For Solana?” (Edit)">The Price Of Solana (SOL) Has Crossed The $200 Resistance, What’s Next For Solana?</a> 
XLM is now trading below $0.140 and the 55 simple moving average (4 hours). The bulls are now attempting a close above a key bearish trend line forming with resistance near $0.1325 on the 4-hour chart. 
On the upside, the price is facing resistance near the $0.1325 zone.&nbsp; 
The next major resistance is near the $0.1440 level or the 50% Fib retracement level of the downward move from the $0.1624 swing high to the $0.1241 low.&nbsp; 
A clear move above the $0.1440 level might send the price toward the $0.160 zone. Any more gains could lead the price toward the $0.1650 level or even $0.170. 
Initial support on the downside is near the $0.1240 level. The main support is near the $0.1150 zone.&nbsp; 
Any more losses could lead the price toward the $0.1040 level in the near term, below which the price might even retest $0.100. 
The chart indicates that XLM price is now trading below $0.140 and the 55 simple moving average (4 hours).&nbsp; 
Overall, the price could start a major increase if there is a clear move above the $0.1325 resistance zone. 
<h3 id="span-style-font-weight-400-technical-indicators-span">Technical Indicators</h3> 
<ul> 
 <li style="font-weight: 400">4 hours MACD – The MACD for XLM/USD is losing momentum in the bullish zone.</li> 
 <li style="font-weight: 400">4 hours RSI – The RSI for XLM/USD is now below the 50 level.</li> 
 <li style="font-weight: 400">Key Support Levels – $0.1240 and $0.1150.</li> 
 <li style="font-weight: 400">Key Resistance Levels – $0.1325, $0.1440, and $0.160.</li> 
</ul> 
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote> 
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The post <a href="https://bitcoinworld.co.in/stellar-lumen-xlm-price-eyes-fresh-surge-to-0-165/">Stellar Lumen (XLM) Price Eyes Fresh Surge To $0.165</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Stellar Lumen (XLM) Price Eyes Fresh Surge To $0.165

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