Markets· ★★· neutral·

XLM holds near $0.195 as CLARITY Act odds fade, Stellar TVL rises to $250 million

  • —Stellar TVL rose from $160 million to $250 million since the start of the year
  • —The network's stablecoin market cap grew from $200 million to $1 billion
  • —XLM is consolidating between support at $0.17 and resistance at $0.195–0.205
  • —A break above $0.195 opens targets of $0.22, $0.225 and $0.238
Why it matters: Without passage of the CLARITY Act, XLM has few catalysts to break resistance, making a pullback to $0.17–0.165 likely.
#XLM
Source: DailyCoin
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