Bitcoin ( BTC) Stellar, which turned its course upwards with reaching $29,700 ( XLM), up 16 percent in the last 24 hours.
The upward movement directly after the Fed rate decision by 25 basis points. BTC , wicked $ 29,700. In this short period, rises were observed in most altcoins. The most notable among them is the name from RippleStella ( XLM ) happened. With a performance of 16.09 percent in the last 24 hours, it managed to become the 3rd highest rising coin of the day. Which regions are critical on the technical side of XLM?
Stellar (XLM) graphics evaluation
XLM, which made a move at $ 0.14, exceeded a critical resistance of $ 0.1618 with Bitcoin support. However, both the withdrawal of BTC and the selling pressure in XLM had pulled the price to $0.1545. Currently trading at $0.1572, the trend coin could start a journey for $0.167 – $0.17 and $0.18 respectively as long as it stays above $0.1618.
But negative Ripple-SEC case or possible hard selling in BTC will likely shake XLM price. In such a case, the regions where buyers can play an active role are 0.154 – 0.150 – 0.147 – 0.144 and 0.14 dollars, respectively. A loss of $0.140, on the other hand, could push XLM towards larger declines in the short-to-medium term.
