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TronWeekly

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XLM Price Prediction: Breakout Imminent as Bulls Eye $0.485 Resistance

  • Stellar Lumens (XLM) is displaying a descending triangle pattern, indicating a potential bullish breakout if resistance at $0.485 is breached.
  • Key resistance levels for XLM are identified at $0.313, $0.376, and $0.485, with a breakout above the 50-day moving average seen as a bullish signal.
  • The coin is holding above critical support levels, suggesting ongoing buyer interest and a likely trend reversal on the horizon.
  • XLM's price surge aligns with the market's shift towards a bullish sentiment, and analysts predict significant upside potential if the breakout momentum continues.

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