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The sentiment across the crypto landscape has completely shifted following the Crypto Strategic Reserve announcement. Amid this, XLM, the native token of Stellar, soared impressively but did not gain as much as expected.
Stellar (XLM) has surged 9% in the last 24 hours, showcasing strong bullish momentum in the market. The cryptocurrency recently held support near the $0.286 level, bouncing back with significant force, a move that has sparked renewed optimism among investors.
Stellar price rose 9% in the last 24 hours, showcasing bullishness. The XLM token price held $0.286 support and showed a bounce back.
The other notable gainers over the past 24 hours include HBAR, NEAR, and XRP.
Is Stellar (XLM) finally rebounding, or is another drop coming? After a strong rally to $0.60, XLM has been in a downtrend, recently finding support around $0.30.
The Stellar (XLM) market has registered a price boost in the past day gaining by 10.77% according to data from CoinMarketCap. This price bounce comes after a rather bearish week marked by significant losses across the general crypto market.
Stellar (XLM) has experienced a notable surge, skyrocketing 18% on March's first day. At the time of writing, Stellar (XLM) was up 18% to $0.302 after reaching intraday highs of $0.3086, extending Friday's rebound from lows of $0.252.
If $0.3 is flipped to support, Stellar prices could bounce to $0.35 and $0.37.
Cryptocurrency prices stabilized on the first day of the month after crashing by double digits on Friday, ahead of Bitcoin's options expiry. Hedera Hashgraph (HBAR) price led the charge among altcoins, rising by 25% on Saturday.
Stellar lumens price declined for the third consecutive day as fear spread across the cryptocurrency market. Stellar (XLM) fell to $0.2740, its lowest level since Feb. 3, and is now 57% below its peak in November.
Stellar (XLM), a cryptocurrency that competes with Ripple, has recently seen a significant price decline, falling below its critical $0.31 support level. This drop has raised concerns about a further plunge of up to 32%, potentially reaching as low as $0.19.
After falling from the $0.31 key support level, Stellar (XLM) could decline by 32% to reach $0.19.
XLM, the native cryptocurrency of the Stellar network, is facing a significant downturn as bearish signals dominate its price action. Following a breakdown of critical support levels, experts suggest a potential 35% drop, with the price possibly reaching $0.189 in the coming days.
With the ongoing market decline, XLM, the native token of Stellar, has turned bearish and is poised for a significant price drop. The primary reason for this bearish outlook is the current market sentiment and the price action XLM has formed on the daily timeframe. Current Price Momentum XLM is currently trading near $0.
Stellar (XLM) price has been in a downturn in the week, pushing several investors out of profit. The token's price action looked more concerning on the monthly chart, as it plummeted by more than 25% during that period.
A spot XRP exchange-traded fund (ETF) is getting closer to approval after the US securities regulator acknowledged the filings submitted by Bitwise, Grayscale, and 21Shares. This approval will bode well for XRP price but crypto traders are looking for the top XRP rivals that could outperform it and possibly rally by 100x.
Societe Generale-Forge, the digital assets subsidiary of French banking giant Societe Generale, has launched a EUR-backed stablecoin ($EURCV CoinVertible) on the Stellar network. The move has the potential to reshape the landscape of stablecoins, offering enhanced compliance, cost-effectiveness, and scalability.
The crypto subsidiary of Société Générale is continuing its multichain expansion with the deployment of its euro stablecoin EURCV on the Stellar network. This strategic initiative, announced last Thursday, is part of a broader approach aimed at strengthening the bridges between traditional finance and the world of cryptocurrencies.
Stellar (XLM) has recently been in a phase of consolidation, forming a bullish flag pattern on its daily chart. Despite the overall bearish sentiment in the cryptocurrency market, XLM's technical setup and on-chain metrics suggest that a breakout could be on the horizon.
XLM consolidates in a bullish flag amidst price volatility, increased TVL, and network growth. Can XLM break above its bullish flag?
Bitcoin is showing signs of strength by rallying within a hair of $100,000. Which altcoins will follow?
Stellar (XLM) enjoyed a strong rally in late 2024 in many ways, mirroring the surge of another popular cryptocurrency: XRP.
Stellar (XLM) is showing signs of recovery after a brief downturn, with its price trading at $0.344. This comes as the digital asset attempts to regain momentum after a period of mixed performance.
Stellar (XLM), the Ripple rival, has reached a pivotal level in its price action, making it a coin to watch closely. After experiencing a sharp 38% drop in price recently, XLM has started to show signs of recovery.
