Stellar was a notable mover during Saturday’s session, as the token returned to the green to start the weekend. Prices recently fell lower for six straight days, however, bulls have reentered the market snapping this streak in the process. Dogecoin also rebounded today.
Stellar (XLM)
Stellar (XLM) rose higher on Saturday, following a recent six-day losing streak which pushed the price to a multi-month low.
XLM/USD climbed to an intraday peak at $0.12 earlier in today’s session, which comes following a low of $0.1115 the day prior.
The move comes as stellar continued to move away from a support point at $0.110, which was hit on Thursday.
This was the first time the price collided with this floor since mid-June, and comes as the relative strength index (RSI) hit its own floor at 30.00.
At the time of writing this, the index has also rebounded and is now tracking at 34.84, which is marginally below a ceiling at 36.00.
Should it push past this point, the next likely price target will

Czytaj więcej

We współpracy z: https://news.bitcoin.com/biggest-movers-xlm-doge-rebound-on-saturday-following-recent-market-sell-off/