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TronWeekly

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Stellar (XLM) Breaks Falling Channel, Sets Sights on $0.57 Resistance

  • Stellar (XLM) is demonstrating strong breakout potential with a recent surge in trading volume despite market fluctuations.
  • XLM has broken out of a falling channel, indicating bullish momentum, and is eyeing resistance levels at $0.3788, $0.4746, and $0.5734.
  • Stellar remains resilient amidst market volatility, maintaining above crucial support levels and showing signs of an imminent surge in value.
  • Analysts suggest that as long as XLM stays above the short-term stop-loss at $0.1587, the bullish outlook remains intact with potential for further gains.

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