{"id":505924,"date":"2022-10-12T11:58:08","date_gmt":"2022-10-12T11:58:08","guid":{"rendered":"https:\/\/ktsl888.com\/?p=505924"},"modified":"2022-10-12T12:00:28","modified_gmt":"2022-10-12T12:00:28","slug":"stellar-soars-6-in-last-30-days","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/stellar-soars-6-in-last-30-days\/","title":{"rendered":"Stellar Soars 6% In Last 30 Days – Can XLM Keep On Shining This Week?"},"content":{"rendered":"

Since the beginning of this month, Stellar (XLM) has increased by 6%, continuing its remarkable monthly performance. Coingecko reports a 4-day performance for XLM<\/a> of 5.3%, while charts show an impressive 31.50% rise over the previous 30 days.<\/p>\n

This price change is even more unexpected when considered in light of this. Santiment recently took to Twitter to reveal a rather unsettling image for the cryptocurrency community.<\/p>\n

\u201cThere has been quite a lot of #bloodinthestreets. Unless your portfolio mainly consists of $BNB, $XLM, $QNT, $MKR, $HT, or other scarce positive #altcoins the past 30 days, you’re down. This reflects in the shrinking group of individuals still interested in #cryptocurrency,” Santiment tweeted.<\/p>\n

\n

? There has been quite a lot of #bloodinthestreets<\/a>. Unless your portfolio mainly consists of $BNB<\/a>, $XLM<\/a>, $QNT<\/a>, $MKR<\/a>, $HT<\/a>, or other scarce positive #altcoins<\/a> the past 30 days, you’re down. This reflects in the shrinking group of individuals still interested in #cryptocurrency<\/a>. pic.twitter.com\/4t0GQXj9oG<\/a><\/p>\n

\u2014 Santiment (@santimentfeed) October 10, 2022<\/a><\/p><\/blockquote>\n

The question of whether or not XLM can sustain its recent gains is intriguing. In spite of this, a rise of this magnitude is usually followed by a severe reversal as investors’ fears replace their excitement.<\/p>\n

Related Reading: Huobi Token Spikes Nearly 30% In Last 24 Hours As HT Seen Rising On Revival Plans<\/a><\/em><\/strong><\/div>\n

Stellar: What The Indicators Suggest<\/strong><\/h2>\n

There are a number of signs to keep an eye on. And by “indicators,” it\u00a0means\u00a0the CMF, momentum, and bull-bear power. These metrics reveal the direction of the market, and the recent price surge has not yet altered investor opinion about the token.<\/p>\n

\"\"<\/p>\n

Chart: TradingView<\/a><\/pre>\n
The money flow index of Chaikin is still heavily bearish, although bulls are testing a breach towards the positive top half. According to the bull-bear power indicator, bears have lost considerable impetus. This is related to the price increase during the past month.<\/p>\n
The momentum indicator revealed a modest increase in bullish momentum followed by a slight decline. We may infer that buying enthusiasm for the cryptocurrency is currently high, but purchasers should be warned that a drop may occur in the coming days or weeks.<\/p>\n
Slowing Down The Decline<\/strong><\/h2>\n
The current rise is supported by the $0.0996 support line, which has halted the crypto market decline from May to June. This has served as the base from which the bulls have leveraged the current rally. Currently, the market is still being supported by the\u00a0bulls.<\/p>\n
As evidenced by the persisting pullbacks in XLM’s price, the current price action indicates that the correction phase is still in its infancy and that bulls continue to rule the market.<\/p>\n
As of the time of writing, the token is trading in the green and may rise again following earlier pullbacks and a minor price decline.<\/p>\n
Related Reading: Why SHIB Price Lost Its Bullish Energy After Shiba Eternity Games\u2019 Release<\/a><\/strong><\/em><\/div>\n
<\/p>\n
XLM market cap at $2.9 billion on the daily chart | Featured image from Steemit, Source: TradingView.com<\/a><\/pre>\n","protected":false},"excerpt":{"rendered":"
Since the beginning of this month, Stellar (XLM) has increased by 6%, continuing its remarkable monthly performance. Coingecko reports a 4-day performance for XLM of 5.3%, while charts show an impressive 31.50% rise over the previous 30 days. This price change is even more unexpected when considered in light of this. Santiment recently took to Twitter to reveal a rather unsettling image for the cryptocurrency community. \u201cThere has been quite a lot of #bloodinthestreets. Unless your portfolio mainly consists of $BNB, $XLM, $QNT, $MKR, $HT, or other scarce positive #altcoins the past 30 days, you’re down. This reflects in the shrinking group of individuals still interested in #cryptocurrency,” Santiment tweeted. ? There has been quite a lot of #bloodinthestreets. Unless your portfolio mainly consists of $BNB, $XLM, $QNT, $MKR, $HT, or other scarce positive #altcoins the past 30 days, you’re down. This reflects in the shrinking group of individuals still interested in #cryptocurrency. pic.twitter.com\/4t0GQXj9oG \u2014 Santiment (@santimentfeed) October 10, 2022 The question of whether or not XLM can sustain its recent gains is intriguing. In spite of this, a rise of this magnitude is usually followed by a severe reversal as investors’ fears replace their excitement. Related Reading: Huobi Token Spikes Nearly 30% In Last 24 Hours As HT Seen Rising On Revival Plans Stellar: What The Indicators Suggest There are a number of signs to keep an eye on. And by “indicators,” it\u00a0means\u00a0the CMF, momentum, and bull-bear power. These metrics reveal the direction of the market, and the recent price surge has not yet altered investor opinion about the token. Chart: TradingView The money flow index of Chaikin is still heavily bearish, although bulls are testing a breach towards the positive top half. According to the bull-bear power indicator, bears have lost considerable impetus. This is related to the price increase during the past month. The momentum indicator revealed a modest increase in bullish momentum followed by a slight decline. We may infer that buying enthusiasm for the cryptocurrency is currently high, but purchasers should be warned that a drop may occur in the coming days or weeks. Slowing Down The Decline The current rise is supported by the $0.0996 support line, which has halted the crypto market decline from May to June. This has served as the base from which the bulls have leveraged the current rally. Currently, the market is still being supported by the\u00a0bulls. As evidenced by the persisting pullbacks in XLM’s price, the current price action indicates that the correction phase is still in its infancy and that bulls continue to rule the market. As of the time of writing, the token is trading in the green and may rise again following earlier pullbacks and a minor price decline. Related Reading: Why SHIB Price Lost Its Bullish Energy After Shiba Eternity Games\u2019 Release XLM market cap at $2.9 billion on the daily chart | Featured image from Steemit, Source: TradingView.com<\/p>\n","protected":false},"author":557,"featured_media":505931,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,428,14690,1558,3970,12220],"class_list":["post-505924","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-bitcoin","tag-crypto-news","tag-cryptocurrency","tag-stellar","tag-xlm"],"acf":[],"yoast_head":"\nStellar Advances 6% In Last 30 Days - Can XLM Shine This Week?<\/title>\n<meta name=\"description\" content=\"Since the beginning of this month, XLM price has increased by 6%, continuing its remarkable performance for the current year so far.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ktsl888.com\/news\/stellar-soars-6-in-last-30-days\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stellar Advances 6% In Last 30 Days - 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/ktsl888.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Stellar Soars 6% In Last 30 Days – Can XLM Keep On Shining This Week?","url":"http:\/\/ktsl888.com\/news\/stellar-soars-6-in-last-30-days\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/news\/stellar-soars-6-in-last-30-days\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/10\/Stellar.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/10\/Stellar.png?fit=641%2C342"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","bitcoin","crypto news","cryptocurrency","stellar","xlm"],"dateCreated":"2022-10-12T11:58:08Z","datePublished":"2022-10-12T11:58:08Z","dateModified":"2022-10-12T12:00:28Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Stellar Soars 6% In Last 30 Days – Can XLM Keep On Shining This Week?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/stellar-soars-6-in-last-30-days\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/news\\\/stellar-soars-6-in-last-30-days\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Stellar.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/Stellar.png?fit=641%2C342\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"bitcoin\",\"crypto news\",\"cryptocurrency\",\"stellar\",\"xlm\"],\"dateCreated\":\"2022-10-12T11:58:08Z\",\"datePublished\":\"2022-10-12T11:58:08Z\",\"dateModified\":\"2022-10-12T12:00:28Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/ktsl888.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2022\/10\/Stellar.png?fit=641%2C342","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/505924"}],"collection":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=505924"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/505924\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/505931"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=505924"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=505924"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=505924"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}