XLM Price Prediction: Can XLM Gain Momentum Amid Retracement?

XLM Price Prediction: Can XLM Gain Momentum Amid Retracement?
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XLM price retested the range support zone of $0.1200 and waited for a rebound.
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Bulls are attempting a pullback and are trying to attain momentum.
The XLM price retraced to the 100 day EMA mark and has retested the neckline support region of $0.1200. Recently, the coin has registered a range breakout and retested the $0.1600 mark. Followed by the market downturn, the Stellar coin faced profit booking and regressed by 20% in the last 30 trading sessions. Moreover, the bears have covered their short positions and buyers are awaiting a rebound in the next sessions.
At press time, the Stellar coin (XLM) price was trading at $0.1276 with an intraday drop of 1.95%, reflecting neutrality on the charts. It has a monthly return ratio of -12.56% and 20% on a yearly basis. The pair of XLM/BTC is at 0.00000193 BTC, and the market cap is $2.57 Billion. Analysts are neutral and suggest that the Stellar coin price may display volatility and reach $0.150

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We współpracy z: https://www.thecoinrepublic.com/2024/04/04/xlm-price-prediction-can-xlm-gain-momentum-amid-retracement/

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