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XLM Price Prediction: Will Stellar Breakout After 25% Drop?
- XLM price is currently trading at $0.249, reflecting a 7% decline, with bearish momentum intensifying due to geopolitical tensions.
- Recent positive social buzz and on-chain metrics suggest a potential reversal and recovery for XLM if geopolitical tensions ease.
- Recent sentiment analysis shows a notable increase in positive conversations about XLM, signaling a shift in sentiment towards bullishness.
- The derivatives market for Stellar (XLM) has shown increased funding rates, indicating a potential recovery in the past week.
- Efforts to integrate PayPal's PYUSD stablecoin and a hint of collaboration with EasyA could positively impact XLM, despite not reflecting in price gains yet.
- Investors in the derivatives market are currently bullish on a price recovery for XLM.
- XLM's liquidation heatmap suggests a potential long squeeze if price breaches lower, but easing geopolitical tensions and FOMC meeting outcomes could drive price recovery.
- A peaceful resolution to geopolitical tensions, particularly with Iran, and positive FOMC meeting outcomes could provide support for XLM's price recovery.
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