Stellar (XLM) has made a significant comeback by breaking the 50-day and 200-day EMA resistance levels.
XLM's MACD is positive with a green histogram, signaling a bullish trend with the MACD and signal line moving upward.
XLM has seen a remarkable recovery with a 13% increase in the past 24 hours and a 300% rise in trading volume, indicating strong market interest.
Technical indicators suggest a strong bullish scenario, with the RSI at 70 and potential resistance at $0.334, while the MACD indicator supports a continued uptrend.