{"id":162135,"date":"2022-08-15T07:38:05","date_gmt":"2022-08-15T07:38:05","guid":{"rendered":"https:\/\/precoinnews.com\/?p=162135"},"modified":"2022-08-15T07:38:05","modified_gmt":"2022-08-15T07:38:05","slug":"stellar-lumen-xlm-price-could-surge-past-0-13","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/crypto\/stellar-lumen-xlm-price-could-surge-past-0-13\/","title":{"rendered":"Stellar Lumen (XLM) Price Could Surge Past $0.13"},"content":{"rendered":"
Stellar lumen price is trading above $0.1250 against the US Dollar, similar to bitcoin. XLM price must stay above the $0.1220 support to rise further.<\/em><\/p>\n After forming a base above the $0.1180 level, stellar lumen price started a fresh increase against the US Dollar. The XLM\/USD pair broke the $0.1200 resistance zone to move into a positive zone.<\/p>\n The price even broke the $0.1220 resistance and the 55 simple moving average (4-hours). It even cleared the $0.1250 resistance zone. It surpassed the 23.6% Fib retracement level of the downward move from the $0.1382 swing high to $0.1194 low.<\/p>\n XLM is also trading above $0.1250 and the 55 simple moving average (4-hours). On the upside, the price is facing resistance near the $0.1288 zone. It is near the 50% Fib retracement level of the downward move from the $0.1382 swing high to $0.1194 low.<\/p>\n The next major resistance is near the $0.1300 level. A clear move above the $0.1300 level might send the price towards the $0.1350 level. Any more gains could lead the price towards the $0.1420 level or even $0.1450 in the coming days.<\/p>\n An initial support on the downside is near the $0.1250 level. There is also a major bullish trend line forming with support near $0.1260 on the 4-hours chart. The main support is near the $0.1220 zone. Any more losses could lead the price towards the $0.1200 level in the near term, below which the price might even retest $0.1120.<\/p>\n <\/p>\n Stellar Lumen (XLM) Price<\/p>\n The chart indicates that XLM price is now trading above $0.1250 and the 55 simple moving average (4-hours). Overall, the price could continue to rise if it stays above the $0.1250 and $0.1220 support levels.<\/p>\n 4 hours MACD \u2013 The MACD for XLM\/USD is gaining momentum in the bullish zone.<\/p>\n 4 hours RSI – The RSI for XLM\/USD is now above the 50 level.<\/p>\n Key Support Levels \u2013 $0.1250 and $0.1220.<\/p>\n Key Resistance Levels \u2013 $0.1300, $0.1350 and $0.1420.<\/p>\nStellar Lumen Price Analysis (XLM to USD)<\/h2>\n
Technical Indicators<\/h2>\n