Stellar XLM price rises nearly 5%, short-term rebound tests bearish structure
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to CoinWorld, Stellar's XLM token rose by approximately 4.7% to around $0.18, continuing its short-term rebound momentum. However, analysts warn that the overall weekly trend remains bearish, with the price below all major moving averages. Key resistance levels at $0.22 and $0.26 must be broken to signal a potential trend reversal; failure to do so may result in a retest of support near $0.17 or $0.14. Momentum indicators show that selling pressure has eased, but a bullish trend has yet to be confirmed.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!
You may also like
Crypto Clarity Act Unlikely to Be Revived Before Midterms -- Market Talk
Dow Jones•2026/09/16 08:11
Update: Market Chatter: NHTSA Presses Tesla On Cybercab Human Controls
MT newswire•2026/09/16 08:11
2-Yr Benchmark Govt Yields - Germany vs Other Nations
Dow Jones•2026/09/16 08:10
2-Yr Benchmark Govt Yields - U.S. vs Other Nations
Dow Jones•2026/09/16 08:10
Crypto prices
MoreBitcoin
BTC
$75,508.09
-1.63%
Ethereum
ETH
$2,387.57
-3.33%
Tether USDt
USDT
$0.9990
-0.06%
BNB
BNB
$706.63
-1.15%
XRP
XRP
$1.28
-7.76%
USDC
USDC
$0.9999
+0.00%
Solana
SOL
$96.55
-3.73%
TRON
TRX
$0.3349
-0.76%
Zcash
ZEC
$1,174.34
+3.32%
Hyperliquid
HYPE
$77.34
-1.59%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now