Amid an ongoing struggle of the wider cryptocurrency market to retain its bullish momentum, Stellar (XLM) has been under the radar, recording gains on all of its charts, particularly noticeable in the last seven days, during which the digital asset climbed by more than 20%.
As it happens, the value of Stellar has been “going nuts, and no one is talking about it” as the price of XLM neared a critical threshold of $0.10, as observed in a chart pattern analysis shared in a tweet by the pseudonymous crypto trading expert Nebraskangooner on June 27.
Stellar price in June. Source: Nebraskangooner
Stellar price analysis
Indeed, Stellar was at press time changing hands at the price of $0.09565, which represents a gain of 4.42% on the day, as well as an increase of 20.81% across the previous week, and an 8.32% advance on its monthly chart, according to the latest data.
Stellar 7-day price chart. Source: Finbold
Meanwhile, one of the factors triggering the price spike could be the recent ann
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