Thoughts on #XLM:
$XLM is currently testing the trendline support after failing to break above the resistance zone near $0.45. If this support holds, we could see a bounce back and a potential retest of the $0.50–$0.55 range in September. However, if the trendline breaks, the next strong demand zone lies around $0.32–$0.34, which could act as a solid accumulation area before another move higher.
For now,
$XLM looks like it’s gearing up for a larger breakout — September will likely decide whether
$XLM takes the fast lane to $0.55 or dips first into the demand zone before pushing higher.
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