![Can Stellar [XLM] hit alt=](https://i3.wp.com/ambcrypto.com/wp-content/uploads/2025/01/a-cartoon-character-pointing-at-a-large-xlm-coin-i_11zon.jpg?w=1200&resize=1200,0&ssl=1 "Can Stellar [XLM] hit alt=")
AMB Crypto 2 minutes ago
11
- At press time, traders were over-leveraged at $0.339 on the lower side and $0.361 on the upper side.
- XLM’s Open Interest (OI) had surged by 18% in the past 24 hours.
Stellar [XLM] seemed to be gaining attention from traders and investors due to its impressive performance over the past 24 hours.
The potential reason for XLM’s strong performance today could be its price action and support from traders.
At press time, XLM was trading near $0.355 after a price rally of over 8.5% in the past 24 hours. The asset’s trading volume highlighted increased interest from investors and traders, as it jumped by 55%.
XLM technical analysis and upcoming levels
According to AMBCrypto’s technical analysis, XLM had formed a descending triangle pattern on the daily time frame. The price appears poised to breach this pattern as it has entered a narrow consolidation zone.
Additionally, the altcoin had formed a bullish pin bar candlestick pattern near the bottom of the support level, signaling a potential price reversal.
License.Read Entire Article
Screenshot generated in real time with SneakPeek Suite
BitRss World Crypto News | Market BitRss | Crypto Deals
Design By New Web | ScriptNet
![Decentraland [MANA] vs FET – Active addresses, dev. activity, and more – BitRss](https://i3.wp.com/ambcrypto.com/wp-content/uploads/2025/01/MANA-Featured.webp?w=1200&resize=1200,0&ssl=1 "Decentraland [MANA] vs FET – Active addresses, dev. activity, and more – BitRss")
