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Stellar lumen price started a downside correction from the $0.115 zone against the US Dollar. XLM price is now trading below $0.1050 and the 55 simple moving average (4 hours).
BTC's tight trading range hints at an eventual breakout, and ADA, XLM, AAVE and CFX could follow.
The prestigious award is recognition of MoneyGram's stellar reputation and global trust of investors, customers and expert communities. Amid all the "Most Trustworthy Companies" in the Finances category, crypto-friendly MoneyGram was ranked fourth.
Let's start with the assumption that we are dealing with three projects and three tokens that are quite different, but with one factor that unites them.
Amidst its woes Marathon Digital secured a loan from the now defunct Silvergate Bank, a deficit it said it has been able to completely offset.
Stellar Lumens [XLM] has gained somewhat in the last seven days, despite the market trading mostly sideways. Following the consistent price hike, the volume of the Stellar network's native digital currency has also risen, reaching a weekly high of 216.6 million.
The Stellar (XLM) price gave a long-term bullish signal that previously preceded a massive increase.
Stellar Lumens (XLM) had been trading within a bearish range since mid-January, but has recently broken out of it. This shifted XLM's bias from bearish at range highs to strongly bullish.
At a time when the market mostly traded sideways, Stellar Lumens [XLM] gained over 25% in the last seven days. Following the consistent hike in price, the volume of the native digital currency of the Stellar network surged, reaching a weekly high of 216.6 million.
Crypto investors or holders of Stellar Lumens [XLM] are celebrating another bullish week. But what goes up must come down, and so, XLM was already showing signs of a potential retracement at press time.
Stellar Lumen has registered seven straight days of gains in a row and a price increase of over 20% this week.
Stellar (XLM) saw its value increase by nearly 18% in the span of just one week.
Most altcoins posted a below-par performance in March, but XRP, XLM, CFX, XDC and MASK defied the trend by posting double-digit gains.
XRP's price action in recent days has significantly improved the wellbeing of not only its holders, but also that of its main competitor in the form of XLM. Since Monday, for example, the Stellar token has risen by 20%, breaking all key resistance levels in its path and reaching multi-month highs.
Despite the recent negative market trend, XLM, the governance token of the Stellar blockchain, is defying the odds in the crypto market. According to CoinGecko, the token has experienced substantial gains in all timeframes, with the highest increase seen in the bi-weekly timeframe at nearly 29%.
XLM price is playing catchup to XRP's March gains, quickly rising 25% versus the U.S. dollar while the XLM/XRP pair bounces from record lows.
There are the five altcoins that had the most positive performance from the crypto market last week.
Stellar (XLM) started a strong increase above the $0.100 resistance against the US Dollar. XLM price is trading nicely above $0.110 and it could continue to rise towards $0.120 or $0.1250.
The Stellar price analysis shows that the cryptocurrency is displaying a strong bullish character due to its unrivaled performance. As they have been doing for the past few days, the bulls are still driving the price upward.
Among the most recent news we will see the consolidation of the partnership between Polkadot and Stellar and the SEC's continued allegations toward TRON and its founder Justin Sun, a prominent figure in the crypto industry.
The Polkadot [DOT] network, on 28 March, announced a major partnership with the Stellar network as it planned to harness more liquidity. According to the announcement, the two networks will connect to each other through the Spacewalk bridge.
Stellar Lumens [XLM] traded within a range from mid-January but broke emphatically out of it in the past 24 hours. This flipped the bias of XLM from bearish at the range highs to strongly bullish.
In this article, we list the top 3 altcoins that are booming, but have good standings and can be potential good buys.
The Stellar (XLM) price is trading inside a bullish pattern. A breakout from it could lead to highs near $0.135.
