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{"id":633941,"date":"2024-08-08T05:08:18","date_gmt":"2024-08-08T05:08:18","guid":{"rendered":"https:\/\/ktsl888.com\/?p=633941"},"modified":"2024-08-08T04:17:07","modified_gmt":"2024-08-08T04:17:07","slug":"xlm-price-stellar-surges-0-10","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/analysis\/xlm\/xlm-price-stellar-surges-0-10\/","title":{"rendered":"XLM Price (Stellar) Surges Along XRP, Can Bulls Push It To $0.12?"},"content":{"rendered":"

Stellar (XLM) started a strong increase above the $0.0950 resistance against the US Dollar. XLM price is gaining pace and might aim for $0.120.<\/em><\/p>\n

\n
There was a steady increase in Stellar\u2019s token price above $0.0950 against the US dollar.<\/li>\n
It is now trading above $0.100 and the 100 hourly simple moving average.<\/li>\n
There is a major bullish trend line forming with support near $0.0980 on the hourly chart of the XLM\/USD pair (data source from Kraken).<\/li>\n
The pair is likely to continue higher towards $0.1150 and $0.1200 in the near term.<\/li>\n<\/ul>\n
Stellar Price Rallies Over 10%<\/h2>\n
After forming a strong support base above $0.0750, Stellar (XLM) saw a strong increase above $0.0850 against the US Dollar, following XRP<\/a> surge. It gained over 10% beating Bitcoin<\/a> in the short term.<\/p>\n
There was a clear move above the $0.0950 and $0.100 resistance levels. The price tested the $0.1050 zone. A high was formed at $0.1043 and the price is now consolidating gains. There was a minor decline below the $0.10 level. The price tested the 23.6% Fib retracement level of the recent increase from the $0.0757 low to the $0.1043 high.<\/p>\n
XLM price is now trading above the $0.10 resistance and the 100 hourly simple moving average. There is also a major bullish trend line forming with support near $0.0980 on the hourly chart of the XLM\/USD pair.<\/p>\n
$\"Stellar$ <\/a>
Source: XLMUSD on TradingView.com<\/a><\/figcaption><\/figure>\n
On the upside, an immediate resistance is near the $0.1050 level. The next major resistance is near the $0.1120 level, above which the price could test $0.1150. A close above the $0.1150 level might start a steady increase toward the $0.1200 and $0.1250 levels. The next major stop could be $0.1300 or even $0.1320.<\/p>\n
Are Dips Supported in XLM?<\/h2>\n
If XLM price struggles to continue higher, it could start a downside correction. Immediate support on the downside is near the $0.0980 level or the trend line.<\/p>\n
The next major support is near the $0.090 level or the 100 hourly SMA. A clear break below the $0.0900 support zone could spark a fresh decline. The next major support on the downside is near the $0.0800 level.<\/p>\n
Technical Indicators<\/p>\n
Hourly MACD \u2013 The MACD for XLM\/USD is gaining pace in the bullish zone.<\/p>\n
Hourly RSI (Relative Strength Index) \u2013 The RSI for XLM\/USD is currently well above the 50 level.<\/p>\n
Major Support Levels \u2013 $0.0980 and $0.0900.<\/p>\n
Major Resistance Levels \u2013 $0.1050 and $0.1200.<\/p>\n","protected":false},"excerpt":{"rendered":"
Stellar (XLM) started a strong increase above the $0.0950 resistance against the US Dollar. XLM price is gaining pace and might aim for $0.120. There was a steady increase in Stellar\u2019s token price above $0.0950 against the US dollar. It is now trading above $0.100 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $0.0980 on the hourly chart of the XLM\/USD pair (data source from Kraken). The pair is likely to continue higher towards $0.1150 and $0.1200 in the near term. Stellar Price Rallies Over 10% After forming a strong support base above $0.0750, Stellar (XLM) saw a strong increase above $0.0850 against the US Dollar, following XRP surge. It gained over 10% beating Bitcoin in the short term. There was a clear move above the $0.0950 and $0.100 resistance levels. The price tested the $0.1050 zone. A high was formed at $0.1043 and the price is now consolidating gains. There was a minor decline below the $0.10 level. The price tested the 23.6% Fib retracement level of the recent increase from the $0.0757 low to the $0.1043 high. XLM price is now trading above the $0.10 resistance and the 100 hourly simple moving average. There is also a major bullish trend line forming with support near $0.0980 on the hourly chart of the XLM\/USD pair. On the upside, an immediate resistance is near the $0.1050 level. The next major resistance is near the $0.1120 level, above which the price could test $0.1150. A close above the $0.1150 level might start a steady increase toward the $0.1200 and $0.1250 levels. The next major stop could be $0.1300 or even $0.1320. Are Dips Supported in XLM? If XLM price struggles to continue higher, it could start a downside correction. Immediate support on the downside is near the $0.0980 level or the trend line. The next major support is near the $0.090 level or the 100 hourly SMA. A clear break below the $0.0900 support zone could spark a fresh decline. The next major support on the downside is near the $0.0800 level. Technical Indicators Hourly MACD \u2013 The MACD for XLM\/USD is gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) \u2013 The RSI for XLM\/USD is currently well above the 50 level. Major Support Levels \u2013 $0.0980 and $0.0900. Major Resistance Levels \u2013 $0.1050 and $0.1200.<\/p>\n","protected":false},"author":67,"featured_media":633943,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83376],"tags":[142,87153,16425,79498],"class_list":["post-633941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xlm","tag-altcoins","tag-stellar-xlm","tag-xlmusd","tag-xlmusdt"],"acf":[],"yoast_head":"\nXLM Price (Stellar) Surges Along XRP, Can Bulls Push It To $0.12?<\/title>\n<meta name=\"description\" content=\"Stellar (XLM) started a strong increase above the $0.0950 resistance against the US Dollar. 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His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape. In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions. Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences. Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department. At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe. In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.","sameAs":["https:\/\/www.linkedin.com\/in\/aayush-jindal-358b6932\/","https:\/\/x.com\/twitter.com\/AayushJs"],"url":"https:\/\/ktsl888.com\/author\/aayushjindal\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"XLM Price (Stellar) Surges Along XRP, Can Bulls Push It To $0.12?","url":"http:\/\/ktsl888.com\/analysis\/xlm\/xlm-price-stellar-surges-0-10\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/ktsl888.com\/analysis\/xlm\/xlm-price-stellar-surges-0-10\/"},"thumbnailUrl":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XLM-Surge.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/ktsl888.com\/wp-content\/uploads\/2024\/08\/XLM-Surge.jpg?fit=1792%2C1024"},"articleSection":"XLM","author":[{"@type":"Person","name":"Aayush Jindal"}],"creator":["Aayush Jindal"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/ktsl888.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoins","stellar (xlm)","xlmusd","xlmusdt"],"dateCreated":"2024-08-08T05:08:18Z","datePublished":"2024-08-08T05:08:18Z","dateModified":"2024-08-08T05:08:18Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"XLM Price (Stellar) Surges Along XRP, Can Bulls Push It To $0.12?\",\"url\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/xlm\\\/xlm-price-stellar-surges-0-10\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/ktsl888.com\\\/analysis\\\/xlm\\\/xlm-price-stellar-surges-0-10\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/XLM-Surge.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2024\\\/08\\\/XLM-Surge.jpg?fit=1792%2C1024\"},\"articleSection\":\"XLM\",\"author\":[{\"@type\":\"Person\",\"name\":\"Aayush Jindal\"}],\"creator\":[\"Aayush Jindal\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/ktsl888.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoins\",\"stellar (xlm)\",\"xlmusd\",\"xlmusdt\"],\"dateCreated\":\"2024-08-08T05:08:18Z\",\"datePublished\":\"2024-08-08T05:08:18Z\",\"dateModified\":\"2024-08-08T05:08:18Z\"}<\/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\/2024\/08\/XLM-Surge.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/633941"}],"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\/67"}],"replies":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/comments?post=633941"}],"version-history":[{"count":0,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/posts\/633941\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media\/633943"}],"wp:attachment":[{"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/media?parent=633941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/categories?post=633941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ktsl888.com\/wp-json\/wp\/v2\/tags?post=633941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}