XLM Jumps 9.09% to $0.2077, Tests $0.20 Resistance for Third Time
- —XLM gained 9.09% to $0.2077 on volume 53.78% above the 30-day average
- —Futures open interest rose 14.4% to roughly 1 billion XLM
- —Price trades above the 7, 15, 30, 50, 90 and 200-day SMAs, a bullish structure
- —RSI at 64 and stochastic at 96.9 signal overbought conditions
Why it matters: A daily close above $0.209 could open further upside, but overbought readings raise the risk of a pullback.
Source: DiarioBitcoin