Hi friends, hope you are well, and welcome to the new update on Stellar ( XLM )


Weekly support and SMA:
On a weekly time frame, XLM is still moving below the support of a rising wedge which has turned into a resistance. But we have a nice support of 100 SMA and price support of $0.255.

Triangle:
On a daily time frame, Stellar is nicely bounded by the support of a descending triangle . Now if the priceline breaks out the resistance, then XLM can re-enter the big wedge on the weekly time frame.

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