Although it usually comes to the fore with Ripple, this time it is Stellar ( XLM) reached the top with its rise in the last 24 hours.
in old processes Ripple– SECcreating a price structure with the case XLM , but it seems to have disintegrated now. XLM, which was traded in a falling trend from the beginning of August to September, gained an incredible volume after the newly formed structure. Testing minor support and making an upward bounce XLMbecame the most valuable coin of the day, increasing by 7.17 percent in the last 24 hours.
Steals (XLM) chart analysis
XLM, which started its falling trend at $ 0.1545, finally managed to break this structure. The popular coin, which first performed a test at $ 0.1250, regained momentum even though it retreated to $ 0.1170. Despite the uncertainty in BTC, XLM made an upward move and reached $ 0.1350. If it holds at $ 0.1303, it can attract even more buyers.
As long as the momentum in XLM is positive in technical and fundamental terms, the resistance points that can be monitored are $0.1355 – 0.1406 – 0.1441 – 0.1500 and $0.1545 respectively. The SEC case progressing against Ripple or a pricing below $0.1250 could gradually disrupt the balance of XLM. The levels that can be seen as support in such a situation are 0.1207 – 0.1168 – 0.1113 and 0.1054 dollars, respectively.
