Is This the Calm Before XLM’s Jump to $0.50?

TL;DR

• XLM holds firm at $0.35, setting up for a potential triangle breakout to $0.50.
• MACD and RSI show weakening momentum, with bears still controlling the daily trend.
• Open interest on XLM futures has decreased after a sharp spike last month.

XLM Holds Near Key $0.35 Level

Stellar (XLM) is trading at $0.36 after falling 7% in the past 24 hours. Over the last week, the asset has declined by 5%. The current price sits just above a key support zone at $0.35, a level that has previously shown strong buying interest.