XLM Price Shows Potential Upward Trend After Rally From Key Support

Stellar Lumens (XLM) experienced a strong price rebound, rising 1.17% from key support level around $0.28. This move suggests potential bullish momentum in the market. The bounce from this critical support level is noteworthy and may indicate a longer-term upward trend. While analysts remain optimistic about XLM’s future, they also point to the need for continued price action above crucial resistance levels at $0.29 and $0.35 to solidify the bullish signal.