$XLM Currently, its price is at $0.1500.
It has risen by 3.80% over the last 24 hours.
In the long term, the structure remains bullish. As the days have passed, the price has declined because the $0.1820 area became a difficult ceiling to break through; this will lead to a pullback and a test of levels below $0.1500.
In the short term, we are still looking for lower levels. The move is extremely exhausted; therefore, it is important to reclaim the $0.1590 level. Otherwise, it will weaken.
Key levels:
• Support line: Located around $0.1490. This level could act as potential support.
• Resistance line: Located around $0.1820. It has undoubtedly become a strong ceiling that is difficult to break through.
It has risen by 3.80% over the last 24 hours.
In the long term, the structure remains bullish. As the days have passed, the price has declined because the $0.1820 area became a difficult ceiling to break through; this will lead to a pullback and a test of levels below $0.1500.
In the short term, we are still looking for lower levels. The move is extremely exhausted; therefore, it is important to reclaim the $0.1590 level. Otherwise, it will weaken.
Key levels:
• Support line: Located around $0.1490. This level could act as potential support.
• Resistance line: Located around $0.1820. It has undoubtedly become a strong ceiling that is difficult to break through.