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 <p><span style="font-weight: 400">Moreover, Santiment, a market analytics firm, </span><span style="font-weight: 400">points</span><span style="font-weight: 400"> to an even brighter future for XLM. They hint at the possibility of a “larger breakout,” making Stellar a hot topic among market analysts and investors.</span></p>  
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 <h2 id="b-stellar-s-mysterious-announcement-adds-fuel-b"><b>Stellar’s Mysterious Announcement Adds Fuel&nbsp;</b></h2> 
 <p><span style="font-weight: 400">Earlier this month, Stellar ramped up excitement by hinting at a “massive reveal” scheduled for September 12—the cryptic social media message—”Gear up for a change that has us all thrilled. Stay on your toes”—has left many intrigued and speculative.&nbsp;</span></p> 
 <p><span style="font-weight: 400">Besides the teasing </span><span style="font-weight: 400">announcement</span><span style="font-weight: 400">, Santiment highlights that XLM is an asset consistently shorted by the crowd. Therefore, ongoing liquidations could push the asset’s price upward, offering a growth catalyst. This move adds another layer to the market’s growing fascination with Stellar and the upcoming announcement.</span></p> 
 <h2 id="b-xlm-usd-market-analysis-b"><b>XLM/USD Market Analysis</b></h2> 
 <p><span style="font-weight: 400">Bullish momentum has prevailed over the previous 24 hours, with </span><span style="font-weight: 400">Stellar’s (XLM) price </span><span style="font-weight: 400">jumping from an intraday low of $0.116 to a 24-hour high of $0.126 before encountering resistance. If bulls manage to push prices over $0.126, they may have their sights set on the next resistance level at $0.135.</span></p>  
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 <p><img decoding="async" class="aligncenter  wp-image-158454" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%20653%20512'%3E%3C/svg%3E" alt="" width="653" height="512" data-lazy-srcset="https://cdn.thebittimes.com/images/2023/09/04/d92ba9fe95383af3dece1c927536fee9.webp 807w, https://cdn.thebittimes.com/images/2023/09/04/d92ba9fe95383af3dece1c927536fee9.webp 300w, https://cdn.thebittimes.com/images/2023/09/04/d92ba9fe95383af3dece1c927536fee9.webp 768w, https://cdn.thebittimes.com/images/2023/09/04/d92ba9fe95383af3dece1c927536fee9.webp 150w" data-lazy-sizes="(max-width: 653px) 100vw, 653px" data-lazy-src="https://cdn.thebittimes.com/images/2023/09/04/d92ba9fe95383af3dece1c927536fee9.webp"> 
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 <p style="text-align: center"><em>XLM/USD 1-day price chart</em></p> 
 <p><span style="font-weight: 400">However, if the resistance around $0.126 proves firm, retreating to the $0.120 support level is likely before any more positive movement.</span></p> 
 <p><span style="font-weight: 400">Consequently, XLM’s market capitalization and 24-hour trading volume increased by 5.89% and 112.92%, respectively, to $3,348,891,902 and $168,025,766. This market capitalization and trading volume growth suggests increased interest and activity in XLM, which might add to the potential upside gains.</span></p> 
 <p>All eyes are on Stellar’s upcoming announcement and market performance. With its current trajectory and the market’s palpable anticipation, XLM might just be gearing up for a game-changing moment.</p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/stellar-s-xlm-skyrockets-amid-teases-of-massive-reveal-tbt61489.html">https://thebittimes.com/stellar-s-xlm-skyrockets-amid-teases-of-massive-reveal-tbt61489.html</a></p>

Stellar's XLM Skyrockets Amid Teases of 'Massive Reveal'

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