Stellar Lumen (XLM) Price Could Start Fresh Rally To $0.132

Stellar lumen price started a fresh decline from the $0.132 resistance zone against the US Dollar. XLM price is now trading above $0.1160 and the 55 simple moving average (4-hours).

Timeline of Stellar

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject. Stellar is a platform that facilitates cross-border transfer of money through its decentralized blockchain solutions.

Stellar Lumens [XLM] hit the highest price point in the last thirty-days, thanks to a push from bulls. Based on reports from CoinMarketCap, XLM reached $0.1188  on 20 September as there was a remarkable increase in its volume.

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. It would be safe to call 20 September an extremely volatile day.

Apecoin was up by over 13% on Tuesday, despite bearish sentiment remaining largely present in cryptocurrency markets. The token stayed close to a one-month high in today's session, despite current market turbulence. Stellar was also in the green, nearing a four-week peak.

Stellar lumen price started a fresh decline from the $0.1158 resistance zone against the US Dollar. XLM price is now trading below $0.1080 and the 55 simple moving average (4-hours).

Stellar (XLM) has seen a stunning turnaround after the recent market downturn. However, following the announcement of the CPI report and corresponding fears of an interest rate hike, a sell-off ensued.

The rising Stellar (XLM) price projects a recovery possibility with a double bottom pattern at the $1 mark. With sustained buying, the bulls will retest thW neckline resistance of $1.3 after a 3.3%.

The most popular technology is blockchain, whose value has been shown in several situations. By providing an amazing alternative investment service that combines centralized and decentralized elements that will benefit the industry, Flasko (FLSK) plans to take advantage of this innovation.

Stellar lumen price started a fresh increase above the $0.1140 resistance zone against the US Dollar. XLM price is now trading above $0.1135 and the 55 simple moving average (4-hours).

Stellar lumen price started a fresh decline from the $0.115 resistance zone against the US Dollar. XLM price is now trading below $0.1050 and the 55 simple moving average (4-hours).