Despite recent market fluctuations, Stellar (XLM) shows significant upward momentum. Trading data reveals that traders have achieved impressive gains of up to 110%, highlighting the coin’s potential in the volatile cryptocurrency market. 📈
Recent analysis points to successful breakouts from key resistance levels as a contributing factor to these positive returns. For instance, one trader who entered at $0.20 saw a remarkable profit of 110% by exiting at $0.44. 🚀
The current price of XLM sits at $0.2854 after a slight drop of 2.48% in the last 24 hours. This dip doesn’t diminish the overall bullish outlook, with market behavior suggesting potential for rebound or stabilization.
Market data paints a similar picture: a trading volume of $184.1 million on the day and a market cap of $9.16 billion support XLM’s position as a force to be reckoned with in the crypto world.