Stellar Lumen (XLM) Price Could Dive If It Breaks This Support. Stellar lumen price is trading below $0.
04 Jul 2022, 08:00
Stellar Lumen (XLM) Price Could Dive If It Breaks This Support
Stellar lumen price is trading below $0.1200 against the US Dollar, similar to bitcoin. XLM price must stay above the $0.1000 support to avoid a downside break.
Stellar Lumen Price Analysis (XLM to USD)After forming a base above the $0.1050 level, stellar lumen price started a fresh increase against the US Dollar. The XLM/USD pair broke the $0.1120 resistance zone.
The price even broke the $0.1200 resistance and the 55 simple moving average (4-hours). However, the bears remained active near the $0.1300 zone. A high was formed near the $0.1299 level and the price started a fresh decline.