$XLM has broken above the 0.2 level, with the current price at 0.2015.
Round-number levels have no special significance in themselves, but buy and sell orders, stop-losses, and psychological expectations tend to cluster around them, so battles between bulls and bears are usually intense.
The key is whether the price can hold 0.2 on a retest. If it does, resistance will turn into support.
#XLM
Data is from public sources. Please do your own research (DYOR).
Round-number levels have no special significance in themselves, but buy and sell orders, stop-losses, and psychological expectations tend to cluster around them, so battles between bulls and bears are usually intense.
The key is whether the price can hold 0.2 on a retest. If it does, resistance will turn into support.
#XLM
Data is from public sources. Please do your own research (DYOR).