Stellar Lumens has briefly pulled back from relative highs of $0.47, currently facing resistance over the past few days at the central moving average of the KRI at $0.43. This appears to be a significant sticking point for XLM. If we retrace, we'll see support from $0.40, the upper bound of the range we saw several days ago, then from the lower bound at $0.35. If we can continue the breakout from the $0.43 level, then we will face resistance from congestion at $0.47, but after that there is a vacuum zone from above until $0.65.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.